<prompt> Human: So Ive done what I consider to be a pretty good job of saving an being financially responsible. I started worked when I was 18 part-time. I graduated high school but didnt go to college or trade school as I didnt want to have any debt. I still live at home with my folks as another money saving initiative. Despite the social stigmas, I get along great with my parents and pay a very minor sum for rent monthly 200. I am currently working full time for the last two months but my projected yearly income is around 23,000 before any deductions so I definitely have to live very modestly. As far as what I have in terms of capital, its a little over 56,000. I have zero debt, minimal monthly expense around 350 with insurance, gas, rent, etc. My money made an appalling 4 in interesting last year. This really pissed me off, but the reality of the situation was that it was my fault for not investing it. So after making my anger about the 4 known to my parents they referred me to their investor. After a few hour long meeting with the investor. I had come to the conclusion that I was going to role my existing 401k worth a little over 3,000 to my new portfolio as a traditional IRA, open a Roth IRA and deposit the 5,500 maximum this is in a retail account, and then put 50,000 into ETFs this is a managed account at full risk. My mentality is that I am young, and dont intend messing with any of this capital until I am around 60 years old. Basically put it in and dont even bother with it. If I lose 10K oh well, I will probably earn it back plus some. I understand that it can and will drop, I just can freak out about it dropping and pull it out. The brokers charge is 2.05 for the ETFs annually and its not charged as soon as the money is deposited.So I just thought it would be wise to share with people that undoubtedly know more about the investing realm that I personally do. My concern isnt regarding if I am investing to much or anything, its more about if the brokers rate is good, if ETFs are good, if there are any additional considerations I maybe havent put forth, etc.Thanks for taking the time to read!Assistant: You can put 11,000 into IRAs, 5,500 for 2017 and 5,500 for 2018. You have until April 17 to make 2017 contributions.The brokers charge 2.05 for their ETFs? That is outrageous, you could be paying far less if you do it yourself. If they didnt tell you about how you can still make 2017 contributions, they are doing a disservice to you. I hope the session was free at least.And get a high yield savings account for anything you dont want invested on the market. You could have made 600 last year in interest just by keeping your money there. Nothing huge compared to the market, but better than 4.Human: The advisor said that if I had already filed my taxes for 2017 I have then I wasnt eligible for putting in the 5,500 for that year. The session was free  <response>: That is incorrect. Roth IRA contributions are post-tax, so it doesnt matter if you already filed since it wont affect your return. To mirror above comments, 2.05 is very high. I have my IRA in a target retirement fund at Vanguard for 0.16. If the market returns 7 in a year, you would only be seeing 5 of it. That absolutely kills you in the long run with compound interest. 