Someone asks:
Just transferred $6k for my 2022 Roth IRA. Where do I put it? My other retirement accounts are all target date funds and the choices with this are overwhelming.
What to Invest In After Opening a Roth IRA
Adam S:
I’d eith…
Someone asks:
Can someone explain to me the pros and cons of an ETF vs mutual fund. All of my 401k, IRA, and after tax brokerage are invested in Fidelity low cost index funds. What would be a reason I would look into ETFs?
What’s the di…
The Fidelity Total Bond Fund (FTBFX) is a mutual fund that seeks to provide stability and income by investing in a mix of high-quality bonds and other debt securities. The fund helps to reduce the risk of losing money if interest rates ris…
Someone asks:
Is FNCMX the same as QQQ (same underlying investments, just mutual fund vs ETF)?
FNCMX vs QQQ: What Are the Differences?
FNCMX is a mutual fund from Fidelity, while QQQ is an ETF from Invesco.
The biggest difference betwe…
Someone asks:
I have 5 index funds in my Roth but thinking of trimming it down to FTIHX.
The reason I did this was because they didn’t truly fit my allocation. FZROX isn’t a “true” total market fund. It’s missing ~1000 companies. FZILX is…
Someone asks:
Do any of y’all use any of the small-cap growth index funds? I was looking at using both the FCPGX and the VISGX fund from Vanguard. Those any good or are there better ones you recommend from other companies instead of Fidel…
Someone asks:
Does it make more sense to open an investment account and gift it to my daughter (she’s one right now) or open a 529? What are the pros of the 529 vs a custodial UTMA investment account?
Answers:
Daniel W:
We have an taxa…