Hi, I'm in my early 20s and just opened up a Fidelity Roth IRA. I'm trying to put in $100 about every two weeks to get my feet wet and I'm trying to understand dollar cost averaging. I'm building a portfolio with ITOT, IXUS, and IJT (small cap growth). My question is, even though I'm contributing to my Roth every two weeks, should I necessarily be putting my money into the market or should I be more conscious of prices every two weeks so I'm not losing money?
Additionally, I'm trying to allocate 60% ITOT, 20% IJT and 20% IXUS. Since you can't buy fractional shares of ETFs, is this allocation just built by me alternating purchases to keep a balance?
Thanks a lot! Only a month into this but this sub has been extremely helpful
Submitted January 21, 2017 at 04:20PM by coyg11 http://ift.tt/2iYsnfy
