I promise I used the search function first, I'm sure this info has been gone over a hundred times by now, but I couldn't find it.
All I have is a Roth IRA. I'll finally be able to contribute more than the $5.5k, so I'm looking at the best way to do so. Man, it was so much easier with just a Roth.
Is there a link walking a newbie through all this?
Ideally, I'd have something like the Vanguard Advantage account that I can use like a checking account and invest in an index fund such as VFINX Vanguard 500 Index (I don't think I can actually do this with that account, I'm just describing what I'd like to have). Any money not actively being used would be invested. I wouldn't mind needing two accounts, but I'd prefer to be able to instantly transfer between them. Money into checking account, immediate transfer to account holding index fund. Need more money than in the checking account, pull from the account with the index fund (it'd be great if some of this could be automated, i.e. if the checking balance is $50 and a $100 charge comes through, it'll simply pull $50 from the other account with no penalty).
Starting to feel like an adult! If only I hadn't been an adult for nearly two decades now....