What is the best way to rollover a 401k from a previous employer so that I may invest in both mutual funds and individual stocks? the *best* way is to pick a good broker (with one of your criteria being the selection of funds); roll it All into that broker and Invest Away! into a money market fund, ie. Vanguard Prime Portfolio. Then,transfer within Vanguard into other funds I choose; then, write a check from PP to open an IRA account at, say, Ameritrade; you seem to have decided which funds and which broker... i don't know for sure, but i think that since Vanguard is a Fund company -- you are right that if you want to give them some of your money you'll need two accounts (but it may be that Ameritrade deals in Vanguard funds) Or, do I need to allocate a percentage of the rollover to Vanguard and a percentage to Ameritrade (to equal 100%) right off the bat? *if* you've decided on V. and A.; and A. doesn't trade in V., they this would be the *simplest* method... butyou'd have to decide on the pctg. now. I rollover into a money market fund that is an IRA, am I free to allocate where I please? Depends. MMF is a bit vague... if you open it at a Fund Co., it will be something of a hassle to move money to broker for stock trades (i *think*, something you could do only once). If you open 'it' with a broker, you will be able to trade whatever funds *that* broker makes available.hope that helps. (i'm a bit vague cuz *i* would never buy a fund, and i rarely say 'never'(jpt
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