Which stocks/etfs should I put into my Roth IRA
Here’s a summary of the main problem and solutions discussed in the conversation:
- Main Problem: The user, Linh, is seeking advice on which stocks, ETFs, or mutual funds to invest in for their newly opened Roth IRA account.
- Solution 1: Fidelity suggests that there is no one-size-fits-all strategy for investing and recommends using various resources available on their website to assist with investment decisions.
- Solution 2: A specific investing guide is provided, which covers different types of investment products, including stocks, mutual funds, and ETFs, along with instructions on how to place trades.
- Solution 3: The Fidelity Planning & Guidance Center is recommended as a tool to help create a clear retirement plan and set individual saving goals based on life events.
- Solution 4: The Online Learning Center is also mentioned as a resource for searching additional information on various investing topics.
These resources aim to empower Linh to make informed investment decisions for their Roth IRA.
Here’s the full thread
Dear Staffs,
I’m 26 years old and I just opened a Roth IRA account with Fidelity. I plan to invest $500 per month and withdraw them when I’m 60++.
Do you have any suggestions about the stocks/etfs/mutual funds/etc. that I should buy and put into my Roth IRA account?
Best regards,
Linh
P/S: Sorry to open a new chat but I couldn’t find my answer from previous questions.
Thanks for reaching out to us! It’s great to see you are interested in investing.
There is no ‘one size fits all’ strategy for investing. Several factors can be considered when building a portfolio. The good news is that we can help with this. Our website has many resources that can assist you with your investing decisions, including tools, calculators, and guides. I’ve linked one such investing guide for you below.
How to invest your money: https://www.fidelity.com/learning-center/trading-investing/how-to-invest-money
The guide will touch on several types of investment products, including stocks, mutual funds, and Exchange Traded Funds (ETFs). Additional resources are provided for each type of security so you can dig further into any specific kind of security you are interested in. Once you know the investment you’d like to make, instructions on how to place a trade are also included.
One tool I want to link you to directly is our Planning & Guidance Center. This powerful online tool can help build a clear retirement plan and provide strategies to help meet your goals. You can also plug in important life events, such as buying a house, and create individual saving goals for those events.
Financial planning tools & investment guidance: https://www.fidelity.com/calculators-tools/planning-guidance-center
Lastly, I want to link you to our Online Learning Center. You can search for additional resources we have available on various investing topics.
Online Learning Center – Getting started investing: https://www.fidelity.com/learning-center/trading-investing/getting-started-investing-learning-path
We are here for you – please let us know if you have any additional questions.