Hello, im totally new to this personal finance stuff. I am 29 years old, on course to make about 57k this year. Thnx to you guys i opened up my first roth ira with vanguard. My job does not offer any kind of retirement plans. I initially opened with $1000 l, then bought vfifx target retirement fund with that $1000. Then i contributed the rest of the $4500 for 2017. I plan to contribute $5500 for 2018. But now i am lost idk if i did it right or im doing something wrong. how will this earn interest or any kind of money? I see its already down about $260. I know this is normal but i just dont really understand it. Really im just scared im doing something wrong and im going to lose all my money. Any help is appreciated.
Submitted March 23, 2018 at 08:35PM by Brutalsack https://ift.tt/2pxdFlR
