Max I can invest in both an traditional and Roth IRA?

[investor_n00b]

I have both a traditional and Roth IRA. What's the max per year I can contribute total to both? Should I focus on contributing to the ROTH or can I contribute to both?

[Radagast]

IRA + ROTH = $5,500 max. If you are in a 15% or higher tax bracket IRA is probably best if you qualify. 15% can go either way though.

[investor_n00b]

Thanks! What are some other options do I have for investing money if I'm clueless about the stock market?

[Radagast]

That depends. Where are your accounts at now? (more questions likely to follow the answer)

[investor_n00b]

Well, I of kind of got started late with this investing thing. I'm in my mid 30s and recently in the past few years decided to take investing for my retirement more seriously. I have a traditional IRA which I rolled over from a 401k from an old job. It's just sitting there. I feel like I should do something with it. Maybe dump it all into Facebook stock LOL. Other than that I've been focusing on maxing out my ROTH each year. I also have a decent nest egg in case I lose my job or if I want to buy something nice every once a while, but I try not to touch it. That's about it. What other investing options do I have?

[Radagast]

Probably the best option is to read https://www.etf.com/docs/IfYouCan.pdf

After you read that consider transferring it to Vanguard and investing appropriately. However I don't know where it is at right now, the current company may already be good enough.

[Radagast]

Couple other reads from here:
http://www.mrmoneymustache.com/2011/05/18/how-to-make-money-in-the-stock-market/
http://www.mrmoneymustache.com/2011/04/26/why-hardcore-saving-is-much-more-powerful-than-masterful-investing/