Welcome to Part 13 of the State of the Fuskie Address. Confused? Check the bottom of this post. And you thought the DaVinci code was complex!I currently have a retail (non-retirement) account, Roth IRA, Traditional IRA, and SEP Ira with Scottrade where there are no account maintenance fees and low $7 equity trades and $17 mutual fund trades for fund families that are not NTF. I also have a Rollover TIRA and new 401k with Fidelity, and multiple money market savings accounts with ING Direct. I also have accounts with a bank and credit union.I use the ING Direct account to save up for my SEP IRA and Roth IRA contributions, and plan to make a $4000 contribution before April 17th. I am also contributing 6% to the FNDE™ 401k, which is being matched 100% for a total of 12% of my gross income. I monitor my investments weekly, but I do not obsess over daily performance. I rebalance about once a year or if circumstances warrant in order to maintain my desired asset allocation. Right now my investments are highly risk tolerant, but as I get closer to retirement, I will increase my cash/bond position and slowly rotate out growth-oriented investments more susceptible to risk, and rotate in income-oriented investments more focused on capital preservation. My lofty goal is to have well over a million dollars so that I can afford the seats behind home plate where they bring the food to you. I am a long ways away, but I am confident that with my Foolish approach, it is an attainable goal.Now let's break it down.Aside: Many Fools have suggested that links to posts on other discussion boards be identified so that you can avoid jumping into a thread past where you last read. One wise fool suggested that you open these links in new browser windows or in a new tab if your browser supports them. If you stumbled into this post and are confused, you are probably not alone. You can start from the beginning by going to the end. http://boards.fool.com/Message.asp?mid=23915697Next stop on our journey: http://boards.fool.com/Message.asp?mid=23915711FuskieWho has learned more about different types of retirment investing vehicles just by reading this board...
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