Abandoning target date funds for pure sp500
Nov 24, 2020
5 Comments
My target date fund through fidelity has almost 10x the expense ratio of good old FXAIX.
International exposure seems pointless these days with how connected the global economy already is to the US.
Am I dumb for going 100% FXAIX for my personal brokerage and 401k and IRA’s?
When I hit like 40 I’ll rebalance and add in a bond index for a simple two-fund portfolio, but until then, straight sp500.
Fwiw I’m 28 with 500k nw.
comments
.12 vs .015