Hi all.
I am a 26 year old who just opened a trad IRA through Etrade. I have no idea what I am doing, so I am furiously googling for opinions and direction. I do not have the luxury of a 401k through my career, so I have only been able to/feel comfortable putting in $500. What should I do with this, ETF or mutual funds? I’ve read ups and downs to each but have no idea what each even mean, where my money is going, and how this will help me in retirement. Should I just go to a place with a physical location like Scottrade or my bank and do it through there? I didn’t want to have to pay someone seeing as how I only have a small amount to invest anyway.