Reddit Investing

S&P 500 or global market index funds for Roth IRA? Among other questions.

For a Roth IRA would VFIAX or VFINX make the most sense? Or should I try to get something that emulates the global stock market? Warren Buffett apparently said that S&P index can beat a hedge fund. But I don’t know if that means for a “invest and forget it” person which fund is right for me.

Also as a brief verification that I am in the right steps…. I am 27. If by 30 I manage to fill 20k into an emergency fund, max a Roth IRA, and match my employers 6% match, am I in a great place and ready to invest? I would complete those goals in that specific order. Are these investments for QoL of your 30s-50s meant to be withdrawn, or is it meant to be a supplement to retirement, e.g. another target date mutual fund? I dont know how the average person saves/invests towards getting a car, a down payment on a house, etc.

Are my priorities right? Or should I invest 1k into my Roth for now and let it grow? 

What is the best thing to invest in once I figure out my finances and succesfully fill my e-fund, max Roth IRA and match 6% into a 401k? Do I make another S&P 500 index account and just let it ride, selling when necessary for a car or down payment on a house, or something? Or do I save traditionally like I would with an emergency fund?

S&P 500 or global market index funds for Roth IRA? Among other questions. – RobinHood – Reddit Feed

View Reddit by tingstodoView Source

reddit investing reddit stocks reddit stock market make money online reddit r investing
stash invest reviews stash invest stash app review reddit forex investing reddit betting

reddit make money
betterment reddit
best savings account reddit
reddit make money from home
stash invest app
what is stash invest
reddit stock price
earn money online reddit
reddit money
stash investment app review
reddit penny stocks

About the author

reddit personal finance

Leave a Comment