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With most IRA's you won't have much money invested initially, so you won't automatically qualify for a free financial advisor. I'd suggest you look at a broad, balanced mutual fund to put all of your eggs in one basket, so to speak, initially. These are usually called balanced funds or total market funds. Go read up on www.fool.com for tips about how to allocate your money initially. Since you probably don't have much familiarity with stocks (judging by your question), you really should invest in a mutual or index fund where someone else manages your money rather than buying individual securities.

Also consider hiring a personal financial planner for a session or two. They tend to be unbiased, give good advice, and don't make a commission off your investments.

I'll try to help you with this the best I can. The Roth I.R.A. account is a savings account with a variable interest rate for those of us that are putting together our retirement portfolio. After investing for 3-5 years you may want to educate yourself on mutual funds, stocks, bonds, secure and unsecured investments. This is long term investing - in other words this is a marathon not sprint. So pace yourself and take your time. GOOD LUCK!!!!

Contribute within the years that you are allowed. These budget may not be suffering from you incomes extra in following years. The ROTH is a high-quality making an investment possibility. Take knowledge of it whilst you'll be able to. Stay clear of banks and coverage organizations for funding merchandise (prime price, mediocre product & mainly deficient recommendation)..................... Charles Schwab, Fidelity (brokerage), T.Rowe Price, Vanguard are examples of high-quality areas to take a position with.