<prompt> Human: Hi, I am a 23 year old software developer. I am finishing my last year in college and have already been offered a 75k salary job for when I graduate. I worked at an internship this summer and saved up an additional 7000 dollars that is just sitting in my checking account. I want to move a good chunk of it to an IRA.What companies have good IRA programs, and once I have a good program what is a good investment allocation for the IRA account considering my age, and current situation?ThanksNote: I already have an emergency fund, so please consider this 7000 as an additional savings over my emergency fund.Assistant: Vanguard, Fidelity or Schwab.Read the FAQ for your other questions.Human: I want to be able to invest in individual stocks in the account, can I do that with those Ira companies?Assistant: I would avoid buying individual stocks. You can safely earn a good ROI on index funds or other mutual funds with balanced assets. Single stocks carry a ton of risk and volatility. Human: I feel like if I am going to make risky investments in my life I should probably do it when I am young.  <response>: I can relate to this, but I would do this in your taxable account. That way when you lose, you can at least realize your losses. taxes wize 