FXAIX

Old_Stable3308

Roth QQQM AVUV Taxable VTI VXUS 401K FXAIX VSCIX See yall in 15 years

Soggy_Diver_8170

Open up a brokerage account with Fidelity. Add money weekly to the account. Set it up so any money u add goes to SPAXX which is a money market account (current rate 3.47% I believe). Set up auto investments for some of your funds into FXAIX weekly or biweekly (this is a S&P 500 index fund). Then take your time and research which stocks to buy. If your risk tolerance is low stick to FXAIX. If not u win some u lose some, but find a company u believe in with good fundamentals poised for growth that u plan on keeping for a few years, and don’t sell when it goes down unless it looks like a total lost cause.

Only4TheShow

Ranking every option for *this* job — moving money out of the AI/megacap pile: 1. **BRK.B** — completely different businesses, cheapest valuation, no dividend. 2. **VTI / VTSAX** — best of the index funds; adds \~3,000 smaller companies you don't own. 3. **VOO / FXAIX / SPY** — broader than your book, but top-heavy with your names. 4. **QQQ** — mostly more of what you have. 5. **VUG / SCHG** — the growth half of the market only, which is exactly where you're already concentrated.

Fancy-Jackfruit8578

If FXAIX tanks 50%, the world has a bigger problem.

vrrrr

as someone who’s all in VTSAX and FXAIX, those can also tank 50% and mess with your head

Eazy12345678

ROTH IRA. portion every paycheck into VOO or FXAIX

Sensitive-Exam649

The point of an emergency fund is to have case available for the unexpected big bill. For example you get into an accident and have to stay in the hospital for a week. OR there is a storm and your home gets hit by lightening and your outlets and lights stop working. Or you get into an accident and need a new car. These thing do happen. The emergency fund was never designed to protect you from a market downturn which might last 1 to 10years based on historical data. The 6 months of living expenses is often recommended because anything more than that you would be better off with investing it. But if you invest it select an investment that will resolve your your biggest inviting concern. For example:If you don't want to sell stock in a downturn invest in a dividend fund like QQQI 13% yield. 100K invested in this fund will produce about 1K of income a month without selling any stock. And it is a tax efficient fund.. OR if you want money for a big expense you counld invest in grwoth index fund and selll that if you need money for home repair or cart replacement. ut I didn't just use QQQI. I also have SPYI, KGLD, EMO, UTF, UTG, AND PFF. These together generate 5K of income a month without selling. And they all generate qualified ro ROC dividends which are very tax efficient. And each fund having a different risk level. The lower yielding funds have a history of paying a dividend in the worst market year in living memory (2008) while the others have higher risk but very high yield. And I have 4 years of income FXAIX a S&P 500 index fund. And I have a roth and 401K. Yes it does take years build something like this. but the peace of mind of knowing that no mater what happens I can pay my bills and keep food on the table makes it worth the effort.

Responsible_Knee7632

Same as I have been for the past 8 years. FXAIX and proven dividend stocks. Not selling anything

dpfaber

If you are at least ten years out from retirement / drawdown then cash is a huge mistake. It will cost you directly the difference between inflation and your interest rate and indirectly the opportunity cost is HUGE. FXAIX has gained in every ten year period since it's inception and will continue to do so. Don't trade for non-investment reasons. Hold on to what you have and let it compound. FXAIX has worked well for you and it WILL make you rich someday. Cash will leave you with less and less spending power over the years.

JamesLahey08

FXAIX for the win

EdgeInformal8264

no buddy. no. s&p is all you need lol (FXAIX & SPMO)

AdriaReed

I wouldn't pay the 0.9% management fee for this setup.Since you already understand funds like FXAIX+FTEC, that fee will just eat up a huge chunk of your compounding gains over 20–30 years compared to DIY investing.Wealth management is mostly useful for complex tax or estate planning. At this stage, I would just consolidate those 401ks into a Rollover IRA and manage a simple, low-cost 2/3 fund portfolio myself for a much better long-term return.Btw, this is just my two cents.

dooknuckduster

VT at 0.06% or 6 BPS, or FZROX (think VTI, ITOT, or FXAIX) and FZILX (think VXUS or IXUS), in say 65% / 35% at 0 BPS or 0.00%

E2Hundo

Do it on your own, or simply use a Target Date Index Fund. FXAIX + FTIHX for 401k/IRA, or Vanguard VT for brokerage account.

TheNewKnew2

I would save the 1% commission and put it in FSKAX. Much wider diversification than FXAIX.

Ahamadrayasbaboon

Agreed. I do all that shit, but thats because I’m a nerd. With the (lack of) available info, dude might be able to go full FXAIX lump sum and every month and just track the TTM or SMA or whatever and be happy most decades. 

ExcellentWinner7542

Don't do it. Fidelity instead and just place it in FXAIX until you can determine where you want to diversify. I have an old ML account in the $2 million range and I get terrible service relative to a newer Fidelity account with only $300k. Right now you'll see over and over again VOO, VTI, VXUS and your done. This isn't wrong but be 85% VOO, 10% VTI, and 5% VXUS.

thetreece

In the US, you can easily get total market funds for under 0.1%. Popular funds can be very cheap (VTI is 0.03%, FXAIX is 0.015%). Fidelity even offers 0% funds. There basically no reason to pay more than like 0.2% in the US. The only reason you would even pay that much instead of like 0.05% on Fidelity and Vanguard index funds is if you wanted slightly fancier products like some of the Dimensional ETFs, or AVUV.

gabrintx

I remember being 25. :) Options are great to sell, but it's not budget friendly. One contract involves 100 shares of stock. In my opinion, low priced stocks should be avoided as they have very limited options opportunities. At your age, focus primarily about being smart with money. I also own mutual funds. These are purchased like stock, not limited to 100 at a time. I suggest that you start with them. Currently I am a fan of semiconductors/AI/tech. With an account a Fidelity, I keep long term positions in a few Mutual Funds, MFs. With FSELX being 80% of my holdings. It may not be forever but it has amazing earnings. Year to date, it's up 61%. It is about $64 per share. I hold some FXAIX, ytd 14.7% and FGRTX, ytd 15.9%. Compared to sitting in a savings account these are incredibly better. I suggest you buy some of these on a regular basis. Some amount you can afford monthly or whatever and just don't touch it and let it grow. I will post a clip of their performance data. https://preview.redd.it/3ggzp6lv9gjh1.png?width=1483&format=png&auto=webp&s=25c46ceefc4c5cb831bd0a388959b550ee33a10f

Eazy12345678

buy and hold. stocks go up and down dont like volatility buy VOO or FXAIX

WayFormer2073

VOO or FXAIX, get a job, automate so part of your paychecks go into your brokerage, automate buying of VOO or FXAIX

Trick_sleep

No. I don’t do any bonds. Similar age to you. FXAIX Or some mix of ETFs based on what you have in other taxable and 401k accounts.

jimmyredfoot

I contribute to a 401k through my job. The account is managed through Fidelity NetBenefits. There are 24 investment options offered: Nineteen (19) of the funds offered are Vanguard, three (3) are DFA, and there is only one Fidelity fund offered (FXAIX). Two if you count SPAXX. Why is this? I manage the rest of my old retirements accounts and an IRA through Fidelity and it seems silly I can't allocate into FIPFX or ome of the many Fidelity index funds, given that the account is held through Fidelity.

emmanuelibus

I'm sticking with a long term plan. FXAIX or VOOG.

moSNAP

Buy SPYM / IVV / VOO / SWPPX / FXAIX / SPY on bad pullback days and keep it easy. Now pay me $ for this advice. Is what I feel all of the investment groups are. They are and added expense ratio with zero guarantee. Have them print out CPA verified gains and then consider joining

ExcellentWinner7542

It's never too late in fact at 50 I would suggest 50% in VOO, VTI, or FXAIX and 40% in SCHD. The remaining 10% in a money market fund to use when there are dips.

Tortugasazules

Why SWPPX for Charles Schwab and FXAIX for Fidelity? Thanks, just trying to figure this all out.

amg-rx7

Go to your favorite financial news website that has a security charting feature. Type in VOO or FXAIX if you like mutual funds - or VT, VTI. Change the time factor to the equivalent of all. Check the direction of the chart. Check the % increase (growth). It is probably a continual line up and to the right. Play with the time range to see how things change but always eventually resolve up and to the right. Meaning that it is growing in value and your wealth is increasing. Now try to reconcile that actual data to your feelings and make a rational decision that you are comfortable with

throwawayainteasy

For someone in your shoes, it's hard to do better than something like and S&P index fund. There's lots of options (SPY, IVV, FXAIX, VFIAX), just decide whether you want a mutual fund version or an ETF version, and get the one that trades with no commissions/fees through your broker. Then it's set and forget. Zero learning or thought required. You're not guaranteed 5% every year, but the market average over long time periods has been at least or better than that (even accounting for inflation). It's about as good a set-and-forget approach as there is for the basic investor. There's been mountains of research showing that approach will very likely outperform anything any money manager can do for you.

ausbill32

I rebalanced my Fidelity 401k portfolio 2+ years ago and split it exactly even 50/50 between FCNKX (Contrafund) and FXAIX and after dividend reinvestments and 50% contributions split evenly since then, FXAIX is up only $157.90 over. FCNKX was over weight META last 2 years and I think some of that reduction has some value of the fund but I'm actually happy to have some Space X as it provides some contrast to the index fund.

greytoc

Since you have a Fidelity account - do you have access to Fidelity's ZERO fund products. Instead of FXAIX - the ZERO equivalent is FNILX if you have a concern about expense ratio. The mix in FFNOX is interesting and it's a valid choice as well. Are you limited to choosing 100% of 1 fund? You can always put some percentage into a US large cap fund and the rest into a diversified asset fund like FFNOX.

Throwaway122258

I have a portfolio at Fidelity with limited options. I’ve narrowed it down to either 100% FXAIX or 100% FFNOX (unfortunately there is no flexibility). The goal of this account for me is to maximize returns over a long period of time (I won’t touch any of the money for decades) and these two funds had the lowest expense ratio. FFNOX has 0.15% exp ratio and FXAIX has 0.0085% exp ratio but it looks like FFNOX has a little more returns. I’m not really sure how to evaluate this decision and I am a very inexperienced investor so appreciate any insights!

GrandmasterKane

If you don't need much growth and happy with what you got then pick targeted date Funds; they have bonds and international so grow slower but protect your money from major corrections close to your retirement. Pick FXAIX for almost no fee and faster growth.  You can also contribute post-tax. You can open BrokerageLink(pre-tax) and BrokerageLink Roth accounts to buy more Mutual Funds not listed here such as FBGRX, FOCPX, FSELX, FSCSX for even faster growth but with more risk for bigger downside.

ralphy1010

only one I've seen cheaper is FXAIX at 0.015

Andytriggs19

Baby, put it in FXAIX and you’ll be a millionaire in 10 years.

BlueJeansXoXo

Hi, I’m 32 years old from Puerto Rico and started taking investing serious this year. Current situation: 401(k): \~$100,000 contributing 10% to my 401(k) Fidelity taxable brokerage: \~$33,000. Contributing $400 every two weeks to the brokerage Emergency fund is already fully funded Mortgage is my only debt. My brokerage is currently invested primarily in: FXAIX (S&P 500 Index Fund) FTIHX (Total International Index Fund) Remaining cash is in SPAXX awaiting investment. Any recommendations?

Eazy12345678

pay off some bills or invest it in VOO or FXAIX

pi3r-rot

I just put some IRA money into FSELX and I'm already down $500 from the semiconductor crash + change in manager. I pulled out of a much more conservative fund to do it and feel incredibly stupid, but I don't want to panic sell if it'll rebound. Should I hold or accept the loss, bail fast, and just put it back into FXAIX?

ebmarhar

FXAIX, or target date fund if you're more comfortable with a conservative curated option. You can adjust the "safety" up and down by moving the target date. It doesn't have to be the year you're planning to retire. Good Luck, I've been happy with them.

dabrothergoose

Since you are 51, depending on how much longer you want to work. I would say at least do 50%-60% into FXAIX as its the S&P 500 fund. OR do 100% of it there depending on your risk tolerance and retirement goals/date. If you don't want to do 100%, I'd say do a mix of it and either international or bonds. Just my 2 cents and what your risk tolerance is and retirement plans are.

Ahamadrayasbaboon

I keep my entire 401k into FXAIX when possible. 

DistributionBroad173

Your employer did you solid, be sure to thank them. Although the American Funds are iffy because of the high expenses/fees. I am a firm believer in FXAIX in the 401k, set it and forget it. It is what my spouse and I did with our 401ks, although we were VFIAX, which is the same thing.

PashasMom

I would do either: Very simple: 100% Vanguard 2070 fund (unless you are a more conservative investor with a lower tolerance for volatility, then 100% VTIVX) OR More complicated: 60% FXAIX, 20% FSPSX, 10% FPADX, 10% FSMAX OR Middle ground: 75% FXAIX, 25% FSPSX

Nev-Ret-Dude

If you pick a target fund add 15 years to your expected retirement date as target funds are quite conservative. Otherwise 60 FXAIX 10, FPDAX 10, FSPSX 20. Just my take.

HammerDownl

FXAIX is the s&p 500 fund

maydayvoter11

I started in my mid-50s. For reasons I didn't want to get into, I didn't have the available cash flow until then. I started in my mid-50s so I can retire around 65-68yo. Now we live off my wife's income and all my income goes to investments and savings. Investment strategy is split between FXAIX and growth funds, Seeking Alpha's Alpha Picks, and Motley Fool Stock Advisor. I wish I had started 30 years ago, even with just a small amount. The three factors of investing are the amount you invest annually, the rate of return you get, and time, i.e., how long you invest and let it compound. You can adjust how much you invest and your rate of return, but time is the only factor you cannot get more of. For retirement investing, start early, even with just a small amount, and don't care about what it does today, tomorrow, next week, next month, or next year. Care about what it does 10-30 years from now.

jmardoxie

Consider Fidelity FXAIX . It performs very close to Vanguard ETF VOO.

mceehops

I mean you have seen a lot of replies, but geez, VTI or even SCHD or FXAIX 90% of that and just play with the 10%. Oof.

Muy_Division

Use the resources at your disposal, I assume you use Fidelity as your broker given FXAIX? They have a ton of content, they have a whole ‘investing for beginners’ series of articles and videos, I’d just start with that (easier to use on a laptop/PC vs a phone btw). There’s a lot to learn and it doesn’t happen overnight, so just be patient with it. Always ask yourself what you’re investing in and why. Read market news a few times a week, look at how different indices are performing, how different sectors are performing, how small and mid cap are doing vs large, ex-US markets etc. Good luck!

scrufdog69

You’re young. Expand into some tech funds like FBGRX along with FXAIX and any total foreign index fund from fidelity or Vanguard. Keep the foreign less than 30% of your portfolio.

Muy_Division

If you have a 30 year time horizon, you can be more aggressive than just investing in the S&P, while also being more diversified. Go to portfoliolabs and back test any typical SPX fund (VOO, SPY, FXAIX) vs a large growth/momentum fund like QQQM, SPYG, SCHG, SPMO etc., I think you’d be pretty surprised at the results. Also worth looking at year to date performance of SPX vs other major indices. Russell 2000 is up 20% while SPX is up around 10%. Emerging markets are up almost 23%. In fact, of all the major indices, SPX is only above the Dow for the year. My point is, diversification doesn’t just mean ‘add bonds’, equities are a very diverse asset class. SPX is fine, most long term investors have money in VOO or SPY or whatever (including myself), but you don’t have to limit yourself to it.

surftherapy

What’s your strategy been and how has it been going? I started retirement saving late (only have a small pension amount before changing careers) and have been loading up on FXAIX in my Roth IRA and 401k since I opened them. Everyone says diversify your portfolio but SPY historically yields 10% and I have 30 years left in the game before my target retirement date.

Kyzp

I get the ETF recommendations, but I buy Fidelity Index funds. They settle at the end of the day so that leaves you never worrying about share prices. Fidelity has very low expense ratios \[0% or 1.5%\] depending on if you want to invest in their proprietary funds or their tracking funds. My favorites are: FZROX; FSKAX; FXAIX; FNILX; and FZILX. I mostly invest in FZROX and FSKAX to get access to the total market in different forms. I then use FZILX for my international allocation. I like on a down day, I know where the fund will settle and I just put in a buy order right before closing. Super simple. Fidelity's website and App are the best in the business IMHO.

Nuclear_N

Not sure it matters. This is what I did. I am with Fidelity. I went to the mutual fund screener, and bought into the highest 3 year mutual funds, and highest 5 year returns. Led me to FXAIX, and FSELK. Eventually landing on SPY and QQQM as well.

toyz4me

If it’s my first $19k going into the market, I wouldn’t be trying to pick a single stock to try an hit it big I would get into o r or two of the ETFs that gives broader access to/ exposure to the markets. Such as: VOO IVV SPY VTI ITOT FXAIX

fn_gpsguy

As others have said, you shouldn’t need a FA for an $85k account. For the size of your account and the below market rate that he’s charging to manage your account, I wouldn’t expect him to invest these $600 deposits more frequently than quarterly at best. That being said, I understand your concern about managing your $85k yourself. I would start small. Open a taxable brokerage account at one of the discount brokerages like Fidelity, Schwab or Vanguard and start making your $600 deposits with them. Consider buying a low cost S&P 500 ETF like FXAIX or VOO. Once you are comfortable in managing your new account, consider doing an ACATS transfer from your $85k account to the new one. The new company can assist you with that. Assuming the $85k account doesn’t have any proprietary investments, you should be able to transfer the contents of it “in-kind” without having to sell anything (and creating capital gains). Say for example you own 5 shares of NVDA. After doing the transfer, you’d still own those 5 shares of NVDA.

1967C10

Simply communicating with a financial advisor sounds like more work than just auto-buying low cost index funds that track the S&P500, such as FXAIX or VOO. It's pretty simple.

1967C10

The least exciting investment strategy always finds a way to win. I like 90%+ into VOO/FXAIX low cost index funds and the rest do as you please (international, single stocks etc).

Gsusruls

Seems flat to me. I'm in FXAIX. Hasn't really budged for a month at least.

jmardoxie

You could split with Fidelity SP 500 like FXAIX and blue chip like Fidelity Blue Chip Growth. If you want to minimize risk and avoid an AI correction consider a dividend fund like Swab SCHD.

jmardoxie

VOO is a $684 ETF. Why not buy a mutual like Fidelity FXAIX which pretty much performs the same.

Ghostehz

I buy $100/week of FXAIX in my Roth and I’m happy with it

MCShayne1

Got into investing around christmas and recently started talking to a financial advisor. When I worked at Sherwin-Williams, I had a 401k through Fidelity that I rolled over into a Roth IRA after I quit. In the roth, I currently have money in the Freedom 2045, J&J, and FDRXX (which I later found out is just a holding account like SPAXX). I also have about 2k in FXAIX (not part of the IRA) that i've been using as a longer term savings account. He's suggested that I transfer everything to Franklin Dynatech due to higher growth over the long term and tracks well against other companies. There would be a fee to transfer everything (I think like 500) but he said he'd help manage it and grow it for me. I've done a bit of research but would still like to get some opinions. Part of me is considering sticking to Fidelity but another part of me is wondering if I'm missing out on money by not transferring to Dynatech? I was told that it's not recommended to invest in both (have a roth with both Fidelity and Dynatech).

cfaatwork

There are different flavors of mutual funds (and ETFs), some are index funds that track an index - these will have lower expense ratios, e.g., FXAIX at 0.015% that tracks the S&P 500. And then there are active mutual funds/ETFs that can have much higher expense ratios - these are typically to be avoided.

djpeteski

Yes they are legitimately free. What are your investment goals? Understanding them is important. Some money may have different goals than other dollars. (Example your 401K is meant for retirement, but you may also be savings for a house in a couple of years.) Assuming a long time frame you can open up a Fidelity account and do 30% of your money in FSELX, 30% in FDCPX, 30% in FXAIX, and the rest in FGRIX. It is a pretty easy portfolio that will make you a lot of money.

Ahamadrayasbaboon

SSO, GDX, FXAIX. Once SSO and GDX get called away, SPMO, QQQM and VONG are my next largest I think. 

InvestingNerd2020

It's a meme stock. No massive movements beyond a Gamestop like rise. Don't YOLO invest (hold for 5+ years) into it. However, a quick trade might make some quick cash. A better, yet boring, long-term investment would be into the S&P 500 fund (Index mutual or index ETF). SPYM for a taxable account, and FXAIX/SWPPX for a Roth IRA if eligible.

j_son997

Sounds like a good plan to me. But if she is planning on investing in FXAIX, it's important to know that it offers much less diversification, and therefore more exposure to certain sectors than it had in the past. The Magnificent 7 companies (Nvidia, Alphabet, Microsoft, Apple, Tesla, Amazon, and Meta) now make up a significant portion (over 1/3) of the S&P 500's total market capitalization. Basically, the index is much more dependent on the performance of the tech sector than it was in the past, and that isn't necessarily a bad thing if she wants more exposure to the tech sector specifically, but it also raises questions about how many coins you really want in one hat. If you want to diversify more while still maintaining broad stock market coverage, any of the small to mid-cap funds (like the S&P 400 and 600) would be good, as they have much smaller concentrations of stocks that could be deemed 'highly speculative assets'. While the S&P 400 and 600 have delivered slightly smaller returns compared to the S&P 500 (CAGR of \~12% for the S&P 400 and 600, compared to \~13% for the S&P 500), they are significantly more diversified and would suffer less if, for say, a tech downturn were to occur and cause significant losses in that industry. Honestly, though, just try to diversify. If she's planning on retiring in 2055 (I'm assuming that's what the Fidelity 2055 fund is), you have the advantage of time, so you can afford to be a bit more risky with your investments and turn out fine by the time it comes to retire.

Used-Air-2688

Your plan sounds reasonable overall. A few thoughts: * If the mutual funds are expensive, underperforming, or overly conservative, moving to low-cost funds like FXAIX is a solid step. * Maxing the 401(k) and Roth IRA is usually a great use of the money, especially since she's eligible for a Roth IRA. * A \~$3k tax bill to improve a long-term investment strategy isn't a major concern. * DCA over a year is fine if it helps her stay comfortable, though historically investing sooner tends to outperform gradual investing. The only thing I'd question is holding both FXAIX and a target-date fund like FDEWX. The target-date fund already contains a diversified mix of U.S. stocks, international stocks, and bonds, so pairing it with FXAIX increases U.S. large-cap exposure. That's not necessarily wrong, but make sure it's intentional. Overall: no debt, emergency fund in place, maxing tax-advantaged accounts, and moving from costly proprietary funds to low-cost index investing is a very sensible plan.

Training-Calendar539

Seems mostly fine, just don’t skip the boring checks. First thing I’d confirm is whether the Principal funds are in a taxable account or a retirement account. If taxable, selling may trigger gains. If IRA/401k, make sure it’s handled as a direct transfer or rollover so you don’t accidentally create a tax mess. Using brokerage cash to help cover expenses while maxing the 401k and Roth IRA is a pretty normal way to move money into tax-advantaged accounts over time. I’d just watch the FXAIX + FDEWX combo. FDEWX already owns U.S. stocks, so adding FXAIX just tilts the portfolio more toward U.S. large caps. Nothing wrong with that, just know that’s what you’re doing. Also, target-date funds can be a little clunky in taxable accounts because of rebalancing/distributions. Usually worth thinking about before parking them there. Overall, not crazy. I’d just double-check account type, taxes, overlap, and allocation before hitting sell. Not financial/tax advice.

Eazy12345678

setup ROTH IRA. invest in VOO or FXAIX. you can take out contributions if you need to just no gains

thisisjustascreename

The portion of my portfolio that I care about tracking against the S&P is in FXAIX, fidelity's calculator says it's about $35 behind the index over the last 5 years. *My* picks make up less than 1% of my money, and they've done... poorly.

Atravellingsheep

In all seriousness. I highly recommend taking that money and outting it into FXAIX instead.

sheepebike9000

I think it's FXAIX (just wanted to clarify in case anyone is looking for it, it's easy to misspell!)

PortalWhovian

0.015% for FXAIX

Every_Cress

So voo and smh in taxable account? Any other better options ? I will have FXAIX in my Roth next year

Neuromancer2112

Ah ok. Personally, I don’t put mutual funds into taxable accounts - if they ever distribute capital gains, it’s much less tax efficient than ETFs. I’d have FXAIX in Roth, and if you want S&P 500 in taxable also, VOO is a good low-cost option. If you want to have a bit of Semiconductor exposure, SMH has been an absolute monster - since it’s sector-specific, though, I’d limit it to max about 5-10% of your total portfolio.

GaylrdFocker

Because it's a taxable account. FXAIX may have capital gains every year that are forced, and if they ever want to switch brokers they may be required to sell FXAIX before they do it.

HaiKarate

Either is fine, they're pretty much the same. The difference is that you don't get real time updates on mutual funds like FXAIX, nor can you trade during the day. Trades on mutual funds are executed at the end of the day. But if you are long term buy and hold, then neither of those should really matter.

EtherCJ

FXAIX is 0.015% : [https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/315911750](https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/315911750)

LuciusQ2020

FXAIX costs 0.73% a year while VOO is 0.03%. Huge difference.

DrScitt

If you’re in Fidelity, you likely want to get FXAIX instead. Probably cheaper fees.

InvestingNerd2020

Apps: Either Fidelity or Charles Schwab. Investing recommendations for "set it and for get it": An S&P 500 fund. Fidelity: FXAIX or SPYM (ETF) Charles Schwab: SWPPX or SPYM (ETF). If you are not working, open a taxable brokerage account and invest into ETF SPYM. ETFs are better for taxable brokerage accounts due to tax efficienct nature of their setup. Invest about $2,000 of the $7,000. Keep the other $5k in a HYSA of 3% or higher. If you are working, even part time, put $2000 in a Roth IRA instead. With Fidelity, invest into FXAIX. With Charles Schwab invest into SWPPX. Do the same with the $5k remaining (into a HYSA). Typical order of investing operation: 401k/403B company plan match > 3 moths worth emergency fund in a HYSA with 3% or higher yield > Roth IRA if you have a job > taxable brokerage last with ETFs.

backfire10z

Annual tax? Do you mean fund fees/expense ratio? VOO has those too, and they’re higher than FXAIX. FXAIX: 0.015% VOO: 0.03% (2x) It’s a pretty negligible difference.

Darby_Crash75

One more question. Doesn't FXAIX have the possibility of anual tax where VOO doesn't?

jeussbsisn

Hello everyone I’m 19m and I just maxed out my Roth IRA for the year with some savings. I’m planning on doing a 70/30 split with FXAIX and VT, do you think it would be a better idea to buy in smaller chunks though out the year or all at once right now?

AdamOtaku

No issue with that at all and FXAIX is fine too! Then you can add to it with income to capture any dips without worrying about timing Since you'll have a lot of cash outside that $150K if there's any dramatic downturns you can also just re-add from that pile

Darby_Crash75

I was thinking 150k in FXAIX. Think its too high to buy in now? Wait for a dip or jump in? Not the type to stress i understand its long term 10-15 years

Darby_Crash75

That's the vanguard right? I invest through fidelity was thinking like 150k into FXAIX?

1967C10

Do you have any debt? If so I'd recommend to pay all of it off first (other than the mortgage) then put 50% of what's left into a low cost index fund that tracks the S&P500 (FXAIX etc) , 25% in a HYSA, and 25% or less into a fun/lifestyle account for home/car/vacation or single/fun stocks you're passionate about (10% max)

SavageDabber6969

I am 25 in the US, living on the West Coast. I have no debt and still live with my parents. Car is paid off and I don’t pay rent. Income before tax is \~200k annually. I max my 401k contributions and with my income I am also able to contribute 5k to an individual Fidelity account monthly. I’ve currently been going all-in on FDKLX. After reading some Reddit threads on here, I’m under the impression I might be a little too conservative and should probably swap to FXAIX/rebalance how much I’m putting into FDKLX. The only time I would ever touch this money is for a house down payment, but that likely wouldn’t be for 5-10 years. I don’t mind rebalancing and revisiting this every year but I’d prefer to not have to manage it every month (although I still log in monthly just to monitor my progress). Should I just continue with FDKLX or should I put some money into FXAIX?

CarnageAsada-

I’m all in on FDKLX 80%/FTIHX 20% and a dash of FXAIX soooo diversify ?

SlySelea

That's what I keep telling myself. Skeptical though. I'm 70% FXAIX so I tell myself I will have a piece of it that way

yoddbo

Honestly just cash. Ive been slowly increasing my FXAIX position, but swing trading has been wildy profitable for me the last 3/4 months with how predictable Trump is. Namely ONDS, GOOG, RDDT, ASTS. I have shares im long on for all of them but been consistently moving shares for easy money. Pretty sure im retarded but its been working really well for me. Although taxes gonna fuck me it feels like free money for now.

jmardoxie

Isn’t FXAIX a mutual fund and not an ETF like VOO.

GolfLiftPlayPool

As far as I can tell FXAIX is a great ETF...its like VOO for half the price

Neuromancer2112

FXAIX is transferable - it's the Zero fund version (FNILX) that wouldn't be transferable. Roth IRA is better for mutual funds specifically (FXAIX), because if they distribute capital gains (nothing recent, but it could happen in the future), then that's a taxable event in a taxable account. ETFs are more tax efficient to put into taxable. I have FXAIX in my Roth and work retirement accounts, VOO in taxable.

Ok_Seaworthiness5149

The 100-age rule is pretty outdated at this point. Most people have shifted to 110 or 120 minus age because life expectancy is longer and you need growth to outlast a 30 year retirement. At 20 years old that formula says 0% bonds which is probably right honestly. FXAIX is just the S&P 500 so you're getting 500 large cap US companies, low expense ratio, straightforward. FXNAX is the total US bond market which means you're holding a mix of government and corporate bonds across different maturities. They do completely different things in a portfolio — FXAIX grows aggressively over long periods but drops hard in recessions, FXNAX is stable but barely beats inflation in the current rate environment. The real question is what the bonds are actually doing in your portfolio. If you're young and just want stability during crashes, a small allocation makes sense psychologically even if it costs you returns. If you're older and actually need the income or capital preservation, FXNAX is solid. Holding bonds right now just because the rule says so without knowing why is probably the worst reason to do it.

hymie-the-robot

FXNAX has duration of about six years, making it vulnerable to increasing yields. plus, longer bonds used to have a low correlation to equities, but these days they are more highly correlated, meaning you can no longer depend on them to protect you when markets stumble. if you look at a graph covering 2022, FXAIX went down, and so did FXNAX. so the bonds failed to do their job.

cuddlyviola_7

FXAIX is basically all growth/stock market risk, while FXNAX is the “stability” part with bonds that smooths out the ride. The old 100-age rule is just a rough guide now, not something you have to follow strictly. Most people going 100% FXAIX are just taking more risk for higher long-term returns, but it comes with bigger ups and downs.