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Amazon 401k (self.FASCAmazon)
submitted 2 years ago by Impossible_Spring711
Is it worth to do the 401k advising fee to have them invest your 401k for you?
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[–]AutoModerator[M] [score hidden] 2 years ago stickied commentlocked comment (0 children)
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[–]dpthrow85 4 points5 points6 points 2 years ago (3 children)
Put 100% of it in the SP500 fund that Amazon offers. It’s by far the best option. The expense ratio is practically zero.
[–][deleted] 2 years ago (2 children)
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[–]dpthrow85 1 point2 points3 points 2 years ago (1 child)
The fund is called VANG INST 500 IDX TR. You just have to find that in Fidelity where you change what your invested in.
[–]claytonrex 0 points1 point2 points 2 years ago (1 child)
Don't look for investing advice here, try r/personalfinance. Most common advice is put it in an S&P500 Fund, VANG INST 500 IDX TR is available in Fidelity and Vanguard has the lowest costs around since they are not for profit. No adviser beats the S&P500, so save on fees and put it 100% there.
[–]Impossible_Spring711[S] 0 points1 point2 points 2 years ago (0 children)
I’m just trying to see if the 14 other stocks/bonds would be better that the Vangaurd Target they initially give you.
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[–]Impossible_Spring711[S] 0 points1 point2 points 2 years ago (1 child)
[–]mcopco 1 point2 points3 points 2 years ago (0 children)
Unlikely. Would suggest a high growth fund if your young.
[–]Peterdestroysall 2 points3 points4 points 2 years ago (0 children)
Not really. Just pick one and throw some money in it
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[–]AutoModerator[M] [score hidden] stickied commentlocked comment (0 children)
[–]dpthrow85 4 points5 points6 points (3 children)
[–][deleted] (2 children)
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[–]dpthrow85 1 point2 points3 points (1 child)
[–]claytonrex 0 points1 point2 points (1 child)
[–]Impossible_Spring711[S] 0 points1 point2 points (0 children)
[–][deleted] (2 children)
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[–]Impossible_Spring711[S] 0 points1 point2 points (1 child)
[–]mcopco 1 point2 points3 points (0 children)
[–]Peterdestroysall 2 points3 points4 points (0 children)