This may be a bit of a basic question, so thank you for bearing with me.
I currently have about $10k invested into the Fidelity S&P 500 fund (FXAIX). I started investing into this fund when I was a completely new investor and I just thought “500 stock? That’s a good one, right?” Well now that I’ve had time to look into stocks and investing, I feel even less informed than when I started. That said, I at least think that everyone really seems to favor the Vangaurd S&P 500 index funds VOO and VTI. So my question is this:
Does it make sense or is there any reason to sell my Fidelity and buy Vanguard? Are all 500 funds effectively the same?
Submitted December 25, 2023 at 11:56PM by Kit3k https://ift.tt/hfismt7
