Already have savings… But I’m a newbie to the investment world – How would you invest that money?

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  • #84924 Reply
    USER

      .. as in I know nothing about investing/stocks/bonds/etc. I’ve already bought a few books and plan to read them soon… let’s say I have $100-200 laying around to start investing, and hopefully can contribute that much on a monthly basis. Thinking about going with fidelity. How would you invest that money?

      #84925 Reply
      Ross

        I believe total market funds is a n oversimplification. I’d recommend a target date fund or a more focused fund. Over diversification is a thing. Just read the objective of a bunch of funds and pick one you believe in. All the major platforms are good.

        Vanguard, capital group, fidelity, etc, etc.

        #84926 Reply
        Chuck

          Total stock market index fund. Buy and hold.

          #84927 Reply
          Daniel

            Yes, VTSAX like everyone is saying, but do it through a tax advantaged account if possible.

            #84928 Reply
            Ernest

              Fidelity, tax advantaged account (HSA, IRA) or taxable, total market fund(ITOT, FZROX, etc).

              #84929 Reply
              Don

                This question is asked daily and answered the exact same way every time. Total market funds.

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              Reply To: Already have savings… But I’m a newbie to the investment world – How would you invest that money?
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