<prompt> Human: I just opened a roth IRA through fidelity and I am overwhelmed. I put 458.33 in my account and I thought that I just put money in here and they do all the investing for me.I have absolutely no idea where to begin and what to choose.I am 23 so I know I want to be invested in higher risk investments, but do I have to manually pick the stocks I put them in?Ahhh can someone give me some pointers with this?Assistant: Put it all in here:deleted cause Im wrong It is a target date fund for people who will retire in 2060. It will automagically rebalance to less risky investments as you get closer to retirements. Human: The target date funds have 2500 minimums, so he cant buy themAssistant: I can invest more. I just wanted to do 550012, so each month I add 458.33Human: If you already have the 5500 to max out your IRA for this year, invest it all now or better, put it towards your 2016 limit. Theres no reason to do dollar-cost averaging if the money is otherwise just collecting dust.Assistant: Im a recent college grad and have some student loans I need to pay off. I do have the 5500, but if I were to lose my job that would put me under the 6month savings you should have if something happens.Also, I am a dumbass and already filed my taxes for 2016 so Im starting 2017.  <response>: You can still fund a ROTH IRA with 2016 contributions until mid April, even after filing taxes. 