Advice for Roth IRA contribution
Do you have any recommendations on mutual funds offered through Charles Schwab? ETFs? Index funds? Individual stocks? I have money in my Roth IRA, but I’m not sure what to invest in. Any advice would be greatly appreciated :) #personalfinance #investments
CCIV and BNGO !!! And maybe some F to balance it out.
What is your TC because decent TC doesn’t qualify for Roth IRA
I learnt this today, so transferring my knowledge... 😂. You can contribute to a ‘traditional IRA’ and convert to Roth IRA up to 6k a year is what I heard (regardless of income)
Yep. Person at rally health - google “back door Roth IRA” ;) Also nogt - if your company’s 401k allows it, see if you can make Roth IPC (in plan conversion) contributions and funnel it into your Roth IRA. It may allow you to contribute an extra 10% of your salary (post tax)
Bogleheads Guide to Investing
SWPPX/SWTSX + SWISX
Add swagx for total bond market
Educate yourself or get a financial advisor. Vanguards ETFs should work for you as they are low cost. Whatever you get, always look into the ETFs fees, usually VG are the most reasonable. If you feel like taking risk, look into growth ETFs. If you are more risk averse, look into market ETFs.
Any suggestions on Fidelity ETFs?
Fskax fxnax ftihx for mutual funds. If etfs why restrict to fidelity? Can have vti bnd and vxus for vanguard. Most likely without a fee too. Also keep in mind asset allocation based on your age. Read up the bogleheads forum. Get a second opinion.
All in GME. 💎🤲🚀