Opened Roth IRA through ING, bad idea?
I have had a savings account with ING for a couple of years now. I just read "the automatic millionaire" and got all jazzed up about investing in my future. I've only recently become eligible to contribute to my firm's 401(k)but want to max out an IRA for this past year in the meantime. For whatever reason (i'm usually not this impulsive) i shipped 4K from my savings into a Roth IRA at ING which is invested in the ING Direct Strategic Allocation Fund Moderate.
Have I shot myself in the foot? If so, what steps can i take at this point to better allocate this money?
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