Reddit Posts
Would it be a bad idea investing in the same investments in a Roth IRA and a regular brokerage account?
What if you want a financial advisor... just not right now?
Okay Portfolio Going Into 2024? [23 YOLD Looking for long term investments]
Max out my Roth IRA at the beginning of 2024 or pay off my car loan first?
What is best fund to invest in SP500? (FXAIX, VOO, etc)
What’s the difference between FXAIX and FNILX?
Portfolio Input! Let me know what you all think
Do I need to include a small cap index / etf in my Roth?
Swapping my 401k from a target date fund to FXAIX
Should I “set it and forget it” with VTI or FXAIX?
60% of my Roth IRA is in FXAIX, but I've also started investing in FFNOX. Should I keep them split or join them?
Just opened a Roth IRA and a Brokerage account with Fidelity at 20yo, what's the next step?
Are passively managed mutual funds as tax efficient as ETFs?
What if you stop contributing to one of your IRAs?
Lets end the debate: FXAIX & FSPSX or FSKAX & FTIHX?
Is FXAIX purchase price based on the updated price at the end of previous day?
App to research stocks and etfs + history of said securities?
Should I change up my current distribution on my 401(k)?
How does the compound interest strategy work when purchasing basic mutual funds that track the S&P500?
Are there any tools available to help avoid wash-sale rules when doing tax loss harvesting and investing in a new position?
Money never seem to go up. Am I investing correctly?
Investment strategy for a 5-10 year goal. Thoughts?
Good idea to invest in multiple s&p500s in one roth IRA?
Good Fidelity fund for someone who will retire in 7 years.
I just turned 17 and have made around 15000 dollars working as a server. This is mostly saved. Any recommendations investing?
My Roth IRA performance is lagging over the years and needs a tune up - your opinions and ideas; a discussion
Does VOO rebalance stocks for the shares I already own over time?
Looking for tips on a short term lump sum investment
If I'm starting to pay attention to asset allocation, should I ditch target date funds entirely?
Is FXAIX worth the low expense ratio? Or am I better off with a vanguard fund?
How is everyone splitting their ETF/Mutual/Index funds?
Would selling a mutual fund then buying an ETF that tracks the same index trigger a wash sale?
Please be honest.. Are my 401k Management Fees That Bad Compared to Average? 0.70% Total Annual Operating Expenses ($7.00 per $1000).
Advice on my prospective investment selections for HSA, Roth IRA.
Want to Roll Over Current Index Funds into FZROX/FZILX - Thoughts?
Thoughts on this Breakout of Fidelity funds? - Goal is fairly aggressive growth
Thoughts on this Breakout of Fidelity funds? - Goal is fairly aggressive growth
Mentions
Naw, don’t do that. I think about it from time to time because I sold nearly at the perfect time in January. I had to because about 93k was in a mutual that had a disgusting expense ratio. Started buying back in FXAIX on the dips and it kept dipping. I beat myself up a bit thinking if I could’ve just waited another month, I would’ve bought back in at the bottom. Or at least close to it. But 3 months later, that 93k is now above 100k. So it all works out just fine if you remember that the market eventually always goes back up. Best thing you can do is invest any other money you may have available on those dips. Accumulate.
Dude, you’re way ahead of the game already just by asking this. Most people don’t start thinking about this stuff until their 30s (and wish they started at 17). Putting away $200–250 per paycheck is an awesome goal. If you keep that up consistently, you’re going to be sitting on a serious stack by your 30s — and way more freedom than most. Since you’re under 18, you’d need a **custodial Roth IRA** (with a parent/guardian as custodian) if you want to start investing in a tax-advantaged way. Otherwise, a simple brokerage account is still totally fine to start learning and growing your money. As for what to invest in: * Look at low-cost index funds like **VTI** (total U.S. market) or **VOO/FXAIX** (S&P 500) * Skip stock picking, skip hype — just keep it consistent and boring and it’ll win over time This guide helped someone close to me figure all this out without getting overwhelmed. Might be worth checking out: [https://drewyomantas.gumroad.com/l/iodyu](https://drewyomantas.gumroad.com/l/iodyu) Seriously — keep it up. You’re setting future-you up big time.
FXAIX is great, I was in that fund years ago. Transitioned to VTI.
VOO is fine if you want the S&P 500. i think expense ratio is a little lower. I have a fidelity account so I have FXAIX. but at the end of the day, it's all S&P 500 so it really doesn't matter. the thing is, this money is gonna be for you in around 30 years. at that time span, the odds of you regretting it are gonna be really low. just put money in it consistently and don't look at it. you'll thank yourself when you're 40 and doing financial planning
My two cents, at nearly double your age, but didn’t get into the market until ~5 years older than you: For specific $ in the market: FXAIX/similar for ~70%+…FXILX/similar for ~20%… crypto, and/or speculative things, ~10% I say ‘in the market specific $’ because you can consider other things like real estate, commodities, heck even a collectors/investors hobby that you ‘know a lot about’ etc. can be a part of your allocation and risk tolerance. I think of it as irons in the fire. When I was younger, ambitious, and higher risk tolerant; I took more risks. Looking back, even averaging the winners and the losers, the ‘boring’ portfolio not only would have outperformed my picks, but would have saved me a lot of energy, stress, and time that could have been applied to the other irons in the fire- real estate, ‘hobby-hustle’, etc. As young as you are (not patronizing), your best ‘asset’ is earning money and investing it for decades. If that ideology fails, it has also failed for those of us older by decades, and we’ll all be trading bottle caps for ammo…
buy FSPGX, not FXAIX. look it up. same exact kinda index fund, but FSPGX does better because it's more top weighted. that's what i do.
SPY, VOO, SPLG, FXAIX, IVV are all the same thing. VOO is just the most popular. VTI is a total market index which is technically more diversified containing small amounts of small caps, REITs, etc. But practically speaking it performs the same as VOO. These funds are all highly diversified and market cap weighted. QQQ is not the same, it's a somewhat arbitrary selection of mostly big tech and growth stocks. Boglehead strategy or any strategy that seeks to capture average market returns says you shouldn't buy QQQ because it isn't market cap weighted and it's sort of actively managed in the sense that companies are listed based on a set of requirements. By buying QQQ you're trying to outperform the market and statistically when you do that you are much more likely to underperform the market.
So you already have a S&P 500 fund and you want to invest money into a different S&P500 fund? Or do you already have shares of FXAIX? Why not talk to a professional and not people on the internet?
Buy SPDR every month. or FXAIX. Or FZROX.
I spent months researching before I learned the value of DCA. Now I have a position in FXAIX in my Roth for the next 30 years. Idc about the news and I first bought when the market was kinda high…that was 4 years ago. Your advice is harsh. There’s nothing wrong with being a bookworm. I think OP is doing the right thing. It’s better to research than to just blindly trust r/bogleheads or whatever
FNILX is not transferrable to other brokerages so you'd have to liquidate if you moved to Vanguard or another firm (not an issue in an IRA but could be a huge tax hit if in a taxable account). FXAIX is 0.015% fee, which is ridiculously cheap ($1.50 per $10k invested). I'd just go with that
Usually every brokerage house gives you access to some type of S&P 500 fund. It doesn't matter whether it's an ETF or mutual fund and doesn't matter the brand. Fidelity FXAIX will perform the same as VOO and as iShares IVV, all of which you can get at Fidelity for no transaction cost. 401ks are more limited, but there's usually a broad based index fund available. If they have a total market fund instead, that's just as good or even better. If you have a crappy 401k with no index funds, just find the lowest expense ratio large cap domestic fund they have.
FNILX typically outperforms FXAIX ever-so-slightly, and when I compare their holdings I see slightly heavier weight for FZILX in the top holdings like MSFT and NVDA. The 3 year sharpe ratio is also higher on FZILX. FZILX is not advertised as an S&P500 index, but it sure comes close and performs a little better. At zero expense, it sounds like a winner.
FXAIX is so insanely cheap I just pick that one. I mean it's basically free at 0.0015% fee. Don't sweat the small stuff.
I like Fidelity but it doesn't super matter. You can put any amount of money at a time into mutual funds like FXAIX, FZROX, FZILX or buy fractional shares of ETFs (slightly more of a hassle) like IVV, ITOT, IXUS.
Do you believe that when Pepsi chose to list on nasdaq, that was a sign they were going to beat out Coke (who is on nyse)? If no, you shouldn't be investing in a nasdaq fund. Investing in a tech sector fund doesn't mean you believe tech will outperform other sectors. It means you believe it will perform better _than the collective group of investors believe it will perform_, because the higher expectations are already "priced in" (the stocks are more expensive). This is much harder to reason about and predict accurately for a novice investor. I would advise you to choose one of: * a target date fund, if you have a specific year you think your child will be using this money * a static allocation like [blackrock's](https://www.ishares.com/us/literature/product-brief/ishares-core-esg-allocation-brief.pdf) if the timespan is unknown and you are going to be looking at the account balance * a simple broad stock fund like VT if you will be truthfully ignoring the account balance during a time where the value drops 30-50% and takes years to recover FXAIX would also be ok for the last category although it puts you with single country risk, which I don't think is necessary.
Mine vests every quarter and I max it out. I sell 90% of the stock day one and put it into FXAIX or whatever else I feel like. Guaranteed 15% return is pretty solid IMO.
There is never any reason to use a generic target date fund over choosing something different for you and your situation are unique. Decide how much you want in bonds/cash and how much in equities, then chose whatever stocks or etfs you want based on your circumstance. Lots of people just divide their money between FXAIX and some bond or cash holdings. No one can tell you though what is best for you or what you will be more comfortable doing.
I'm looking more towards growth and value funds. Also want to add about 20% international into it. In other accounts I already hold SCHG and SCHD (For a little bit of diversification). Im Looking to get out of SWISX for a comparable international ETF SWPPX/SWLGX/FXAIX/FSPGX maybe for more SCHG or a decent large/mid cap value index fund. Open for any recommendations on ETFs to research. I've researched many already but any more input I can get it welcomed and appreciated. Dave
You can check historical returns on [portfolioslab.com](http://portfolioslab.com) for etfs/index funds/mutual funds/closed funds. This will include fees and dividends reinvested. eg Here is FXAIX vs. FSPGX. [https://portfolioslab.com/tools/stock-comparison/FXAIX/FSPGX](https://portfolioslab.com/tools/stock-comparison/FXAIX/FSPGX) If you zoom out to 10 years it looks like FSPGX is a big winner.
I have no idea what those symbols are, but from MissionSquare, the closest resemblance to FXAIX would be the Mission Square 500 Stock Index
I sold half of my FXAIX and VTI once my account total went from 475k to 375k. I've bought back in since. I sold all of my QQQ and FTEC positions (46k) for a miniscule gain two days prior to the NASDAQ rising by 12% in one day. I was absolutely flabbergasted. I experienced FOMO and bought back in within 30 days, triggering a wash sale. Definitely regret selling, and I only sold half. I seriously set myself back.
My non-risk portfolio (80% of assets at the time) was completely in FXAIX, and I sold at 195.70 or thereabouts back in January. I am happy with the decision and I have not bought back in, because I feel uneasy about the potential roads ahead of us from here. I am not an expert so I won’t put a finer point on it than that. My risk-on portfolio was 20%, but is now 40% because of how well it’s performed, lol. That may color my view of how I’m doing.
You have to look into these things, my man. An example of the past 14 years... https://totalrealreturns.com/s/FXAIX,QQQ
> Also have to factor FXAIX at 0% so it would have to do .2% better per year to beat it. And what's the CAGR of the NASDAQ 100 versus the S&P 500?
For .2% I compared $3k over the course of 35 years at 10% vs 9.8% and it was over $5k. Also have to factor FXAIX at 0% so it would have to do .2% better per year to beat it.
FCNTX has performed better than FXAIX short term and even long term even after including all the fees. I would say FCNTX is a better fund. The fee is more of a psychological thing.
Dude Check out **ONEQ** ,it’s Fidelity’s ETF that tracks the Nasdaq Composite. Expense ratio is around **0.21%**, not zero like FXAIX (S&P 500), but still reasonable. No transaction fee if you're using Fidelity. It's probably the cheapest Nasdaq exposure they offer directly.
Here is some information. There are ETFs and mutual funds that track the S&P 500. Popular S&P 500 Index Funds (including ETF equivalents): Vanguard S&P 500 ETF (VOO): A very popular ETF tracking the S&P 500 with a low expense ratio. iShares Core S&P 500 ETF (IVV): Another popular ETF tracking the S&P 500, also with a low expense ratio. SPDR S&P 500 ETF Trust (SPY): The oldest ETF in the U.S. and a widely traded fund that tracks the S&P 500. Schwab S&P 500 Index Fund (SWPPX): A mutual fund with no minimum investment and a very low expense ratio. Fidelity 500 Index Fund (FXAIX): A mutual fund with no minimum investment and a low expense ratio. ETFs vs Mutual Funds https://www.schwab.com/etfs/mutual-funds-vs-etfs
Mine are for retirement as well. But it's cash in my ROTH as of this evening so having it sit as cash doesn't give me much return possibility. I hold ETFS as well as FXAIX, FSPGX, [SWISX](https://client.schwab.com/SymbolRouting.aspx?symbol=SWISX), [SWPPX](https://client.schwab.com/SymbolRouting.aspx?symbol=SWPPX) and [SWLGX](https://client.schwab.com/SymbolRouting.aspx?symbol=SWLGX) depending on where the retirement accounts are held.
What's the risk? He's paying someone 10% for what kind of gains? Noone can outperform the SP year over year unless his Financial Advisor is Warren Buffett he'd be better off parking it in FXAIX
I gotta down vote this - ‘find companies you believe in’ is not sound advice for someone who transparently stated he’s not experienced in stocks for financials of a company. Follow the advice most are providing - ETFs, buy them regularly (monthly) with whatever your cash flow can support comfortably, buy major SP 500 based ETFs like $SPY $VOO $FXAIX and LEAVE IT ALONE. Buy when the market rises, buy it when the market crashes, (ESPECIALLY WHEN THE MARKET TANKS and is TANKING!) Check back in 10years and be amazed at the incremental growth has resulted in, but still do not touch it. Keep going. The growth from year 10 to 20 will validate your efforts, but still do not touch it. At the end of year 30, start matching your retirement party. Keep it simple.
Can you comment on FTIHX vs FZILX? I hold the latter as my international, I know there’s a difference in some small cap holdings and fees, but anything else so I can understand a little more? FXAIX and FZILX is my combo
Yeah, I certainly don't like the ratio but I've never had much interest in bonds to be honest. Looking even as far as the 2060/65 target vanguard fund, they still allocate about 8% to bonds. Given my current financial situation I am doing my best to be a bit more aggressive with growth stocks. As I get closer to needing funds I plan to dial it back. I know only 1% of what most here know so I'm just sort of picking brains and taking in all the info that I can. I'm curious what the opinions of SCHG are here? I was also eying VXUS and VTI. I don't know what sort of value you guys put on Morningstar but they rate both of those vanguard ETFS at 3 stars. Recently, i moved My ROTH from vanguard to fidelity and moved a bunch from a high expense ratio vanguard fund to **FXAIX and** **FSPGX** and it's done well thus far. Dave
So just some terminology , I think you mean you want an S&P500 ETF that has a lower share price. Saying an ETF is expensive may mean something different like the expense fee the ETF charges, or you may be talking about some fundamental valuation like the Price to Earnings, in what case a different S&P500 ETF would be no different However depending on your brokerage you may have access to an S&P500 index mutual fund, it will track the same underlying companies as VOO , but you can invest any amount, you could invest 0.75 if you wanted to SWPPX on schwab and FXAIX on fidelity are their S&P500 mutual funds, both have a lower expense ratio vs VOO However SPLG is another S&P500 ETF that has a lower share price vs VOO
FXAIX has an ER of 0.015%, which is half of VOO.
> I'm an ETF guy and anytime I think about investing in a company directly I choose not I because I feel like buying one or two shares won't be worth it in the long run. Explain your reasoning...? The money invested is what matters, not the share count. Same thing as if you bought 30 shares of FXAIX @ $200 each versus 10 shares of SPY @ $600 each.
I have FXAIX (index funds)from Fidelity with low management fees. Does BRKB have emerging markets or something? FXAIX is also giving me a dividend.
Wanting some advice here. I've been with an investment firm for over 6 years now. I'm not particularly happy with them, although my moms been with them for close to 15. I'm looking to possibly get out of it and invest on my own. I already have my own fidelity account. I was looking at setting up a Roth IRA with FXAIX and maxing that out and additionally a brokerage account with VOO. Is this the best route to go? The money wouldn't need to be touched for a good while. I'm already maxing my 401k and have an emergency fund. I want to be able to have the option to retire early 40s, even if I continue to work. Age: 33 Money to play with: over $100k between what's in the firm (Roth, retirement, non retirement. Minus any fees for closing account) + extra money sitting in my bank account. TIA
I am already setting aside $500 a month into the S&P 500 (FXAIX). I would like to contribute an extra $100+ a week and maybe an extra few hundred dollars into another fund. I am having a hard time choosing between FRGIX and FCNTX. I just want something that will build capital appreciation with my weekly commitments to have something nice to look forward to 30 years from now. What draws me to FGRIX is the year end distributions. FCNTX just seems like growth with a chance of a distribution. The other one I was looking into was FEQIX the Equity Income fund. Just wanted to hear other opinions on what to select.
So you are recommending just opening a normal brokerage account through Fidelity (who I have IRA with), and just contribute cash here and there? Seems smart, probably just stick with FZROK or FXAIX lol. Not much diversity tho!
I invest in 50-50...SPY/QQQ. Mutual would be FXAIX/FNCMX. But I also have some hobby funds. Years ago I just searched the 3 yr, 5 yr, and 10 year returns and put a fixed amount in each one.
open an account with fidelity, and just buy a mutual fund instead. it's easier to invest straight dollar amounts than buy shares of an ETF, plus a fund reinvests the dividend for you. FSPGX or FXAIX. although i wouldn't worry about this shit until your early 20s. you need accessible money now, not a Roth IRA
A mutual fund isn't an account, it's something you hold IN an account. Just like your bank account might have $100 in it, your brokerage account might have 100 shares of FXAIX or SWPPX. These are mutual funds. Investments in US markets are designed by a string of between 1 and 5 letters. Some are mutual funds or ETFs, some are stocks. Mutual funds and ETFs are very similar, both are collections of stocks that you can buy, own, and sell together. For example, WMT is Wal-Mart, an individual stock (stock = company). SPY is an ETF that contains about 500 different companies, one of which is WMT, but there are 499 others. You need to find out how to access your account, what investments are in it, and how much of each you have.
Put 20% SPMO in there. FXAIX 80%, SPMO 20%.
As someone about to retire who has a financial advisor, I agree that it's unnecessary at this point in your life. Once you approach retirement you might feel that it's a good time to get some advice, however. Your plan to put almost everything into FXAIX is a good one. Just stick with that, imo, unless you find a gem that you really believe in. If so, just put 10% or less into it.
If you’re aiming to retire early, focus on growth. Your allocation in FXAIX is already aggressive and keeps costs low (good). Make sure to re-invest all dividends from JEPQ (I wouldn't increase my stake in that fund). Key is saving a high % of your income and staying consistent long-term. What you could consider is adding international equities since you're currently 100% in the US. Here's a breakdown of your portfolio: [https://insightfol.io/en/portfolios/report/65526fb0dd/](https://insightfol.io/en/portfolios/report/65526fb0dd/)
FXAIX is a s&p 500 index fund so VOO and SPY would be redundant. I’m very hesitant(almost absolute no) on having a financial advisor though.
Keep doing what you are doing until you learn more. Getting started early is your primary advantage. Your investing approach is what we call "boglehead" if you didn't already know. It's pretty much the baseline investing case in my opinion. Unless you can come up with a very firm rationale for changing your plans, don't change your plans. BTW, JEPQ pretty much overlaps FXAIX at the high market cap end of the S&P. That means you are actually MORE concentrated in the Mag7 then you otherwise would be if you did only FXAIX. (If this is intentional, ignore this comment, sort of.) It's a common oversight for young investors. They heard somewhere that diversification is good, then they go out and buy three nearly identical funds (SPY, VOO, and FXAIX). You have to look at how the sausage is made. Scroll down to holdings. [https://finance.yahoo.com/quote/JEPQ/](https://finance.yahoo.com/quote/JEPQ/)
Yeah. 90%-95% is what I have right now. I'm in on FXAIX, with the rest in BTC. I never even considered buying the iShares Bitcoin Trust ETF, this has a lot of potential so it's worth it. It is a relatively new ETF, but since Jan 2024, it's up 149.46% compared to the S&P's 98.56%.
In May, I saved 82% of my income. I'm a 23-year-old guy living at home. I typically save/invest around 75% of my income each month. I contribute 10% to my 401(k), with a 3% employer match. My Roth IRA will be maxed out in September since I put $800 a month into it. I also put $500 into a brokerage account and another $600 into a savings account for a down payment fund. Starting in September, I plan to increase my 401(k) contribution to 15%. I’m fortunate to live with my aunt. My only necessary expenses are insurance (auto and medical), phone bill, gas, groceries, toiletries, and other essentials. I own a Mustang that I paid for in cash. Also, I have no student loans or any other debt. My retirement accounts I automatically invest into every paycheck. My 401(k) is 60% Fidelity 500 Index (FXAIX) and 40% Fidelity International Index (FSPSX). My Roth IRA is 60% Vanguard Total Stock Market (VTI), 30% Schwab U.S. Large-Cap Growth ETF (SCHG), and 10% Vanguard Total International Stock Index. I am still working on getting to my target percentages for my brokerage. However, my targets for my brokerage are 50% Schwab U.S. Dividend Equity ETF (SCHD), 25% Vanguard International Dividend Appreciation Index (VIGI), 20–23% Alphabet Inc. (GOOG), and 2–5% Canadian National Railway Company (CNI).
Agreed. FXAIX is another good ETF choice. Stock picking has a much higher risk level than ETFs. You could gain almost 10% in a day, then lose all of it the next time the market opens.
Agreed. FXAIX is another good ETF choice. Stock picking has a much higher risk level than ETFs. You could gain almost 10% in a day, then lose all of it the next time the market opens.
Follow up question. Should I stop DRIP on FXAIX, and use that cash to buy SWPPX instead? Or leave drip on it is ok? Thank you.
Add any Fidelity fund, say FXAIX. Then click COMPARE, now you can add other mutual funds and ETFs to compare. I do it all the time, a great website.
In your situation I’d do one of these choices: 1) stick with FXAIX and FTIHX, and exchange the rest of the funds into those two funds. FXAIX should be the heavier allocation. Everything else you mentioned is mostly overlap. Allocation you’ll get of a lot of answers, but my choice is 60/40. 2) if you’re really lost on investing, then just exchange everything into the target fund. Literally a one fund portfolio that is set it and forget it, it will do all the work for you.
I have a vested 401k through a previous employer that I have not rolled over to my new employee fund. It is set to target 2045 FIOFX. Would it be more beneficial for me to change the investment to FXAIX, if that is even allowed since it was managed through this other employer?
The question to ask yourself is - if you weren't an employee of SBUX would you buy the stock? For me the answer is no for two reasons, a) I personally tend towards mutual funds and b) there's not lots of obvious upside for SBUX. Their boom has mostly already happened. Personally, I'd sell and buy something better and more diverse. Others have suggested VOO or VGT, but since you are at Fidelity their VOO equivalent is FXAIX.
Nothing wrong with that strategy. My Roth is 100% FXAIX.
Investing regularly in FXAIX is a smart way to build wealth over time. Don’t worry about missing out on picking the ‘perfect’ stock—most people do better just sticking with low-cost index funds.
FXAIX is Fidelity’s S&P 500 fund. I would keep it but begin to accumulate FZROX which is their total market fund. You might benefit from checking out r/Bogleheads.
I was in the same boat—mostly index funds like FXAIX. Eventually I started adding a few blue chips like MSFT and JNJ for extra growth and stability. But it’s all about what you’re comfortable with.
Ive been splitting my 401k contributions between FXAIX and FCNTX, the latter has been doing really well.
FXAIX is a mutual fund. So if it's in a taxable account you will see taxable gains and dividends at year end. Your asset will rise or fall with the market but never outperform. I would diversify into specific stocks or ETFs that are outside of FXAIX. If you don't know what that means, do some research or watch YouTube videos on personal investing.
Good lord, you've got over $10k invested in something and you don't even know what it is. FXAIX is not a stock. It's a mutual fund based on the S&P 500 index. It's also one of the safer things you can buy because of its low fees and wide diversification. If you don't know much about the market and just want to buy and hold, FXAIX is great. Especially in a retirement account. You might want some international exposure (VXUS) or bonds, but otherwise don't overthink it. It's much easier to lose your money on individual stocks than ETFs.
You can either care about it and try to avoid them or not care and invest anyway. I go with the latter. If you have a 401k or own a broad market etf/mutual fund, theres a good chance you either own Palantir or some other company you wouldn’t agree with anyway. I don’t like what social media has done to society but I’m going to profit off of it anyway. I don’t hold Meta or Google directly but I own them through funds like SCHG and FXAIX. War is hell but I own defense stocks through FSDAX. Smoking causes cancer but Altria pays dividends so I own it through SCHD. The purpose of being in the market is to make money. You can be a moralistic crusader if you want to but you’re missing out on returns.
I did it heavily during COVID and was able to beat the S&P (barely), but now I just toss it into FXAIX and chill.
FXAIX makes up 80% of FSKAX so there's really no reason to hold both.
FXAIX is good. You own 500 separate companies through it. Once I stopped fucking around with investments and had all my retirement in an S&P500 index fund I stopped underperforming the market, I was guaranteed market returns. Don't do target retirement investments, they start loading you with bonds waaaaay too early, so you start underperforming the market waaaaay too early. 5\~10 years out you can decide how much of your retirement you want in bonds and often is a whole lot less than the 50/50 or 60/40 that is recommended.
If you want to just replicate the total global stock market, you don't really even need FXAIX here since FSKAX contains something like 80% US large cap and the combination of FSKAX and FTIHX has it all. Of course, if you want to overweight US large cap, your three funds work great together.
Have you tried buying on FXAIX yet? Schwab charged a fee to buy Fidelity's FXAIX on my taxable account last I checked. I think it's a percentage load fee. Just keep in mind SWPPX pays dividends annually vs FXAIX quarterly if that matters to you. You can still reinvest your FXAIX dividends if you want to keep that position and reinvest without a fee. Otherwise you'd have to sell your FXAIX and incur a taxable event if you want one ticker or keep FXAIX and choose to receive your dividends in cash.
Incidentally, this is one of the reasons ETFs have become a lot more popular. There are other downsides (bid-ask spread, non-dollar amounts) but the portability is really nice. The comment about holding FXAIX assumes you're in a taxable account. If this is an IRA or similar, feel free to just sell it and move everything into the Schwab fund.
Thank you for the feedback. So I'll hold the transferred FXAIX and start buying SWPPX moving forward.
> it said SP 500 Index Is there a "trading symbol" associated with that description? two-, three-, or four-characters would be an ETF; five characters ending in X ("FXAIX", for example) would be a mutual fund.
If you're going to be using Fidelity I would buy fidelity index funds. FXAIX (sp500), or FSPGX (large cap) Are the two best performing in my research
Split it up among VTI and VOO or FXAIX - these are both invested in the S&P 500 representing 500 large corporations. VTI includes those 500 stocks plus Round 3000 others - hence it is the whole market. I would invest $600 monthly ($7,200 annually). Doing this would give you between 1 million and 1.4 million by age 55 (depending on returns).
You can put $7000 into the Roth IRA and have it be in cash if you do not know what you want to buy yet. Getting the money into the account is the first step. Buying the fund/stock using the money in the account is the second step. You can't buy partial shares of ETFs like VOO or VTI, so $7000 will not be fully invested. You can buy dollar amounts of mutual funds like FXAIX, so the $7000 will be fully invested.
Now in FXAIX. It’s exactly what I would do. Then in January do your contribution for 2026.
Just start now. All three funds you mentioned are solid choices - VTI gives you the broadest diversification, VOO tracks the S&P 500, and FXAIX is basically the same as VOO but from Fidelity. can't really go wrong with any of them. The beginning of year thing is just about maximizing time in the market, but since you can contribute $7k this year AND $7k next year anyway, there's no real benefit to waiting. get that money working for you.
> Since it’s Roth, that wouldn’t be a taxed event **but would be bad if market was down when you were moving accounts** I'd say it makes absolutely no difference. In a tax sheltered account the dollar amount just is what it is. If you had $1000 that had to be liquidated to cash, you could buy that $1000 back in to an equivalent index. No effective change. Honestly it'd be beneficial if it happened to be in a downward sliding market as you could buy back in at a lower share cost. And I'm not sure you'd have to liquidate the FXAIX position to begin with.
FXAIX has a cheaper expense ratio than VOO. so go FXAIX. I own it too🤗 both are the S&P500 just FXAIX happens to be a mutual fund and not an ETF like VOO. not a big deal at all
VOO and FXAIX are basically identical. you only need one.
That's about my allocation at 58. SP500 index is the same, can choose either. I am Fidelity so I have FXAIX, and SPY. I have FNCMX and QQQ. I also buy long term options calls on SPY, and QQQ. You can have SPY gains, but you can't avoid the swings. Just ignore the short term fears, and panic. It is a long game. No fear. You will have down years. Just accept that. Remember swings go up as well....
You look up standard advice for "windfall" investing. Does he have an emergency fund? That's a good place to start, figure 3-6mo expenses into a HYSA or money fund that's invested in treasuries (such as Vanguard or Fidelity's) that currently gives around 4%. If he's thinking about moving out in the next year or two, he might want to put 1st/last/deposit in there, too. Putting part into safety makes the market risk with the rest more tolerable, especially if he needed to use some in the next 5-10 years. Markets always have risks nd right now they are very volatile which can be stressful for new investors. Don't invest in the market money you need in the next few years. It's a long game. If he has earned income and files taxes, he should consider setting up a (Roth) IRA and contributing to that so the earnings grow tax-free. If he can't contribute to an IRA or still has some money left over, put that into a taxable brokerage account (Fidelity or Vanguard). An index fund is an easy way to be extremely diversified and match the market returns. Three popular choices are S&P500 (VFAIX, FXAIX are index funds; VOO, SPY, etc are EFTs-- choose the index fund offered by your brokerage with the lowest expense ratio), Total US market, or total world market. Choose one and use if for both the IRA and taxable brokerage account. Set and forget. Going forward, you can both start educating yourself on investing.
Yikes. Hate this. However, I don't see it listed though. Looking at FXAIX and don't see it as part of it.
>I know most would opt out from investing into a TDF, but if I were to get out, only best investment is Fidelity S&P 500 (FXAIX) with expense ratio of 0.015%. Maybe add FSMDX (mid-cap; 0.025%) and TSCSX (small-cap; 0.78%)? FSPSX (International; 0.035%)? why would you get out of the TDF and then re-assemble a TDF?
- FXAIX and VOO are practically the same thing, S&P 500 funds, and there's no reason to hold both. - QQQ is tech heavy by accident, it's not intended as a tech fund. If tech stocks crashed and consumer goods rallied QQQ would magically become dominated by consumer goods stocks. - VT is already ~60% American stocks, so you're just buying more the same stocks that you already have in VOO, FXAIX and QQQ. I'd consolidate. Pick FXAIX or VOO. drop QQQ and add something like VXF for exposure to mid and small size US companies. Swap VT for VXUS. >but wanting to avoid huge swings? It's not guaranteed to be a smooth ride with US large cap stocks. the S&P 500 had 2 drops of ~40% from 2000 to 2008. QQQ dropped 80% after the dot com bubble and didn't recover for ~14 years.
>for some reason Because Fidelity has their own mutual funds. Every broker charges fees for buying a mutual fund that isn't theirs. VOO is fine, but can do FXAIX (their S&P500 fund) or FZROX (zero fee total us market fund) if you want a mutual fund.
Fidelity FXAIX is what you want to look at. Its a S&P500 mutal fund
Follow the boglehead approach until you have a nice sizeable chunk invested in broad market low cost index funds. Once that's established you should have an idea on how to research companies, and get a better idea on what stocks you want to invest in individually. Limit it to 10% of your portfolio. I just started investing about 4 years ago. Majority of my money is in VTI/VOO/FSKAX/FXAIX. I have a small amount in VUG/FSPGX and BRKB. So the only individual stock I have right now is BRKB. My base is almost set and soon I'm gonna look into some other individual stocks.
This 🌮 chatter is enjoyable, but legit dangerous. Taco is an emotional dude. He could use this as justification for any number of dumb stunts. Positions: My safe money is on the sidelines, sold when FXAIX was at about 196. So I’d be happy if stocks went down. But I don’t want the US to become Japan without the miso 
I know. I just ran it vs. VOO, IVV, and FXAIX. Smashed all 3 in recent historical splits (YTD/1/3/5 yr.) That will be my next play if I rebalance my portfolio.
In a Roth ira, FXAIX and chill.
Max a Roth IRA. Fund with S&P 500 ETF (e.g., VOO, FXAIX). Dollar-cost average monthly. Accept market volatility as the price of outpacing inflation.
1. Create an account with Fidelity 2. Invest it in FXAIX 3. Make sure the dividends are set to re-invest. 4. Occasionally feed it more money. $20 here and there is better than nothing. 5. Leave it alone and chill. Practically forget about it!