Where would you guys suggest putting $5500 traditional IRA investment that will ride for another 30 years unless something changes. I have a Fidelity account so something that I can use there is preferred. I have been really disappointed in my accounts in the last few years considering the overall growth in the market so looking for some help. I don't want to juggle money so looking to put it and let it ride.
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AMZN..........lol just kidding
I would start with Fidelity's website. I'm sure they have resources on their site to help you decide. Your options are, stocks, bonds, ETF's and funds. I personally choose stocks, but I also watch them daily. I'm sure there are plenty of choices in different kind of actively managed funds at Fidelity, but look at what they cost.
Thanos was the hero
30 years.... drop it into a Total Market Fund or S&P 500 fund and forget about it.
Fidelity Four in One Index fund. Mine has done pretty good. Are you going to add to it or just leave the $5500 alone? Also, why not a Roth instead of traditional?
NoCAL
2004TR-21X/2015 250 ProXS
2B112175
AOA. It is an etf of etfs. It is called aggressive allocation, but is more growth than aggressive growth. It offers total diversification for a really low cost.
Two Fidelity funds that have done really well for me over the long term are Select software and IT services, and Select Retail. I made my investment in Select Retail in my IRA back in the mid 80's. I haven't moved anything into or out of it since then. It has grown 1,100 percent. Will it do that well the next 30 years? I don't know, but you might want to research it and see if it is something you are interested in.
Get a managed account and let them manage.. make regular donations and it will treat you good.
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In any investment you have to look at what your goals are. Is it something that your in for the long haul or something to make a few bucks and move on. With IRA I would think your in it for the long haul and would just leave it alone and add money to it as your able. Find someone you can talk with and trust. I'm big into face to face meetings not some online crap.
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