MicrosoftSeekRemote

401k investment - brokerageLink? Microsoft

My 401k invest in VAN IS SP500 IDX TR in Fidelity Should I use brokerageLink instead for the next paychecks? Thanks

Vanguard YqTm73 Apr 13, 2022

Yes, try it out. But donโ€™t โ€œday tradeโ€. You will lose your money. If you want to practice then do but with a small percentage of your investments.

Microsoft SeekRemote OP Apr 13, 2022

I dont do day trade. I won't sell until I'm dead. ๐Ÿ˜œ What fund do you recommend in 401k?

Vanguard YqTm73 Apr 13, 2022

Most of my money are in VOO and VFVA. But since I think inflation will keep rising (I invested in this last year) I invested in VDE (energy/oil etf) as well. And I have couple of stocks that I know will go up long term. Short term play $MOS.

Amazon rand14fh Apr 13, 2022

Can you actually choose specific stocks or funds for 401k? I thought you can use funds listed on fidelity.

Vanguard YqTm73 Apr 13, 2022

With Microsoft you can choose individual stocks. Technically you can invest in anything even bitcoin $GBTC.

Microsoft SeekRemote OP Apr 13, 2022

Yes, thats what I'm planning to do. Check invclub for more info

Meta nx6wn8 Apr 13, 2022

Yes buy Amazon in it

Microsoft SeekRemote OP Apr 13, 2022

Nice. Thanks ๐Ÿ‘

Microsoft SeekRemote OP Apr 13, 2022

If i just want to buy etf, should i bother it?

Copart Log4j~ Jul 16, 2022

Whatโ€™s the benefit of using brokerage link to buy SP instead of directly in 401k. Infact in brokerage link you have to manually buy after the funds are settled.