[Jamie]

I’m looking for help to better understand what I’m doing because I have absolutely no clue.

I am moving my IRA that was making less than my savings account to Fidelity and at the same time also opened a Roth IRA.

I think my old employer IRA used a robo investor but I believe once the money is moved to fidelity it will be mine to figure out where to invest and that’s where I need help.

Where do I start with all of this??

I’m willing to do the work but I need to know where to start!

I’ve read a lot of you taking about VOO or VTI and know those are Vanguard ETFs but not sure how that converts to fidelity?

Thank you so much

[Alan]

FXAIX is the Fidelity SP500 index. FNILX is similar but no expense ratio.

FZROX is a zero fee total market fund.

Fidelity also has sector ETFs like FTEC for technology, FUTY for utilities, FSTA for consumer staples, and others.

I recommend the Fidelity funds.

No need to use Vanguard unless you want an ETF instead of a mutual fund for SP500 index.

[Stacey]

Try reading The Simple Path to Wealth or The Bogleheads guide to investing.

Both are relatively short and will help you set up a simple, low cost portfolio.

VOO and VTI are great, and you can purchase them within Fidelity.

[Jessica]

You can move it to fidelity, then purchase voo or vti in fidelity

[Stavros]

Voo and VTI is a unit to buy .. fidelity is the holding company.. I went with SCHD bc I want it to work for me today and not wait for growth as it is dividend driven

[Author]

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