I am just trying to get experts opinion as I am newbie on the investment. Please share your experience. Yoe - 12 Tc - π― π₯ #personalfinance #investments
VOO is the best option for investing newbies. It is also the best option for investing experts.
Wealthfront (and probably betterment) are great. Also Vanguard/Fidelity target date funds. I think 60/40 would be a pretty conservative ratio these days though, and you should select a higher risk tolerance.
I think you should not use Robinhood for such funds. Pick someone like vanguard or fidelity. invest and forget. Come back after few years. With robinhood you will simply do panic selling on every minor fluctuations and fomo buying when market goes up.
You think Fidelity doesn't send you notifications? They want to be like Robinhood, not the other way round. I don't get folks working in cutting edge firms talking up old guards. I hope you are not telling your customers to use IBM Cloud.
please go to bogleheads.org and read the wiki.... this is kind of apples oranges question. depends on a lot of factors related to state of your personal finances and what your goals are.
No reason you should have 40 percent in bonds unless you are 60 or have some unique financial situation being younger.
VOO on RH with weekly Recurring investment and let it run. You will thank me after 2 years.
How old are you? I doubt that a balanced portfolio (60/40) is right for you at this point.
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Youβre too young for even an 80/20 portfolio. Iβd stick to 100% equity if I were you.
VOO. But use some sane platform like fidelity or Schwab. Using Robin Hood will entice you to do more risky stuff, since their platform is gamified. Feels like Las Vegas
Thank you π.. your name on blind is so funny.. is it you calling someone?
Lol. Random. No significance