|
|
| *Home>>>Fidelity Fund |
I just funded a Roth IRA with 2,500 at Fidelity. I can only afford 1 mutual fund, what should I consider? |
I just funded a Roth IRA with 2,500 at Fidelity. I can only afford 1 mutual fund, what should I consider? Fidelity provides a lot of assistance for people to find the fund(s) that meet their investing style and objectives. With $2500 you should be able to invest in more than one fund. Check the minimum investment requirements on the funds you are interested in. I am not urging you to buy multiple funds though. You should be able to get adequate diversification for this amount of money from a single account. You may want to start with one fund now and expand to others with future investments. |
| Tags |
| Forex Foreign Investment Financial Investment Fidelity Investment Fidelity Fund Exchange Traded Funds Equity Investment E-gold |
| Related information |
Do not invest in just one fund. Diversity is your best option. Some in FAERX, some in FSCTX, some in FAEGX and some in FGITX and a lesser amount in FDAXX as a safety value in case the market fall... You mentioned something very interesting and key to your question.. Since the mutual funds are invested inside an IRA your objective is not to touch it untill at least 59 1/2.. Two problems exist w... Every investment guru I've ever read or seen on TV has said never buy an annuity. You will be paying a heafty commission to the person who sells it to you. It is best to buy no-load mutual fu... The previous answerer obviously doesn't know his mutual fund companies. Many index funds have lower fees than he claims and have fairly low initial investments. As you mentioned in the que... Not really. Pakistan is a really risky area to invest in because of the political climate there. While it may be performing well for the first 2 months of the year, it has had numerous occurances w... That other answer is totally wrong. If you sell a Fidelity fund and buy a Janus fund outside of a qualified account like an IRA, you may have to pay a capital gain. I say may because if you sell ... It all depends on your age and your attitude and how much you want to get "involved" There are about thirty different "freedom" funds (the number after its name gives you an ap... You probably have to wait 'til you meet the minimum purchase amount.... or try the ETF's ...if you don't know exactly what they are , go to ... |
Categories--Copyright/IP Policy--Contact Webmaster |