<prompt> Human: Starting my first job out of college. Will be making 50-60k a year. I will have no expenses as I am living with parents and saving for a house. I will have a 401k through work that they match 50 of the first 6 invested and I would like to open a Roth IRA. My questions is do I get to choose where my 401k and Roth is being invested? Should I set them both as Vanguard? Is that how it works? What if I decide I personally want to invest in a stock. Can I put my 401k and Roth towards that?  <response>: Your employer picks your 401k brokerage; you pick your IRA brokerage.With your IRA, you have virtually limitless options. Vanguard is one great company, in which you can invest in a range of good mutual funds. Another person here told you to invest solely in the SP 500. That is too simple a portfolio. When youre ready to open the IRA, we can guide you through options, but generally speaking you want some allocation of domestic and international stock and bond funds. Example funds would be VTSMX, VGTSX, VBMFX, and VTIBX.For your 401k, best thing to do is post your list of investment options here. We can help you pick the best portfolio for your situation. A target date fund may or may not be your best option, as someone else here implied.Edit: added specific Vanguard funds. 