To preface this, I am a newbie to the world of investing and have been trying to smash a lot of info into my head the past year. I inherited about 80k from my father and this has been the first time I've had money to invest. I'm 33 years old and I've always been great at saving money (just didn't make enough to ever invest). My credit is excellent and I play the credit card churning game to travel for free with points.
I maxed out my 401k with Fidelity this year to catch up and have about 9k in it. I realized that I should invest my 5,500 max into a Roth IRA, so I did that, and then it hit me that I actually need to invest it. I'd love to do something simple and more set it and forget it over having to balance my asset allocation. At first, I thought I could just invest it into the same fund my 401k which is VFIFX. I then read that the Fidelity Freedom Index is similar (and doesn't have that darn $75 fee) tracker FIPFX.
I'd appreciate any insight or suggestions on what to do with my 5,500 in my Roth IRA.
Submitted October 21, 2017 at 10:01PM by limegreenlove http://ift.tt/2yYQcQQ
