Menu

Fidelity Roth IRA

Home General Investing Fidelity Roth IRA

  • Avatar redbird 
    Participant
    Status: Resident
    Posts: 1
    Joined: 06/21/2019

    I opened my Roth IRA account this year and went through Fidelity and just used their target date fund. Would you advise against that? I was not sure how to pick index funds from Fidelity. Any good resources to learn how to pick index funds?

    #223903 Reply
    Avatar Peds 
    Moderator
    Status: Physician
    Posts: 4405
    Joined: 01/08/2016

    Bogleheads has a list.
    Make sure you picked the freedom index funds.

    #223950 Reply
    jfoxcpacfp jfoxcpacfp 
    Moderator
    Status: Financial Advisor, Accountant, Small Business Owner
    Posts: 8113
    Joined: 01/09/2016

    It’s ok to begin, just to get out of cash. But you don’t want to stay there. It’s like going from breast milk to the next level. Start with 150 Portfolios Better Than Yours. I haven’t gone through the list, because we stick to our uber-simple philosophy (which may be emulated on that list) but you will learn plenty and be ready for “graduation” to the next level after reading this article.

    Welcome to the forum!

    Johanna Fox Turner, CPA, CFP, Fox Wealth Mgmt & Fox CPAs ~
    http://www.fox-cpas.com/for-doctors-only ~ [email protected]

    #223951 Reply
    Avatar ZZZ 
    Participant
    Status: Spouse
    Posts: 697
    Joined: 06/18/2018

    IVV

    Buy that with all 6k once per year when you fund it. Let it ride for 4 decades.

    #223976 Reply

Reply To: Fidelity Roth IRA

In case of a glitch or error, please save your text elsewhere, clear browser cache, close browser, open browser and refresh the page.

Notifications Mark all as read  |  Clear