Should I invest solely in index funds? I have fidelity and I am 30 and I want to start investing for retirement and also for financially purposes as well.

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micha8st t1_j27gddn wrote on December 30, 2022 at 4:44 AM

My retirement (and frankly all my serious investing) is in Mutual funds. not necessarily index funds, but mutual funds.

I think index funds are a good place to start... and you can trade inside a retirement account without any tax implications.

itsbelen_9 OP t1_j27gnpl wrote on December 30, 2022 at 4:47 AM

Thank you! I have fidelity and will look into that.

[deleted] t1_j27i6gp wrote on December 30, 2022 at 5:00 AM

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[deleted] t1_j27dyz0 wrote on December 30, 2022 at 4:24 AM

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itsbelen_9 OP t1_j27ebdc wrote on December 30, 2022 at 4:27 AM

I live in California and I don’t think I have the money to invest in real estate right now.

[deleted] t1_j27eieq wrote on December 30, 2022 at 4:28 AM

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itsbelen_9 OP t1_j27eucx wrote on December 30, 2022 at 4:31 AM

Other than save for retirement I want to buy a house. I don’t have a lot saved up though.