Hi all,
Currently I have some money sitting in Barclays and Ally savings acct. I didn't mind it before when I was getting 2+% on it, making a few hundred a month in interest. Now with it being down to around 0.5%, I am looking for somewhere else safe/ low risk to put it. I tend to go months without checking on it
I have both Fidelity and Vanguard. I have been putting $1,000/ mo into VFIAX for a few years now. I have bumped that up to $10,000/ mo to start drawing down the savings accounts over the next few years. Would that be the better way instead of just moving everything over?
Is VFIAX Fairly low risk or would you guys recommend something else for someone who doesn't follow the market or not very familiar with what index funds or ETFs that are available?
Thanks for taking the time to read. Paul
Submitted October 25, 2020 at 11:19PM by paul_arc https://ift.tt/2HCT7E9
