I’m at a loss for picking index funds. New investor that is opening a Roth for the first time! All ears for advice. Thanks.

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VTI and chill

likesmart

I recommend either a target date fund, or look up the “lazy portfolio”

likehelpful

Keep it simple. Do you want ETFs or mutual funds. I like mutual funds in my IRA. If mutual funds, what brokerage are you at for your Roth IRA? If ETFs just use VTI or ITOT for US and if you want some international use VXUS or IXUS.

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They are essentially the same thing. FZROX is a bit cheaper. FSKAX is a little more diversified. Either could slightly out perform the other so it is really flip a coin. I would not hold FZROX or any of the fidelity zero funds in a taxable account since they can only be held at fidelity so you couldn’t transfer them elsewhere without tax issues. I have a lot of FZROX in my Roth IRA and HSA

This is exactly what target date funds are designed for

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We have Fidelity which has been great to deal with

Pick a plain Jane SP500 ETF. SPY and VOO are examples. Figure the rest out later. You're just starting out, so you likely don't have much money at stake, and you have a few decades to ride out market changes, so you don't have to spend tons of effort on the first fund you pick.

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Thanks everyone! I’m trying to learn how it all works and just was really overwhelmed. Appreciate the suggestions

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Dm for referral

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How do we expect corona virus to affect hiring?

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