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This is my first post. I have always been a Fool but I am only now awakening to the fact. All those years of people pointing and saying fool, fool and I never knew what compliments they were giving me. Well, now for my question. I have a 401k that I need to rollover. Just for starters, till I git me some mur educatin, I was thinkig of investing most of the rollover using the Foolish Four approach and putting the rest of the rollover into an index fund. From what I have been reading on this site, it sounds like once I set up an IRA account with a broker I can then take the money I have and split it among different stocks and/or mutual funds as I please. Is that right? Also it sounds like the commissions you pay to purchase any stocks or funds are considered to be a part of your total $2000 per year contribution limit. Thats kinda cruddy if that is true. If anyone could confirm my suspicions I would appreciate it greatly.


the Semiconcious Fool
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