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Moms is finally going to open a Roth IRA, better late then never right. Anyways, she’s probably going to use Fidelity, same as her 401K. What should she be investing in, what funds look good for long term holding?
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Anonymous 28w

I’m Trying to have enough money to open up a Credit Union bank 🏦 i’ll use my local one but holy shit is saving after blowing through your savings and opening up credit cards is so hard.

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Anonymous 28w

just VOO! It contains 80% of US public companies

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Anonymous 28w

How old is your mom and when does she want to retire?

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Anonymous 27w

Given your mom’s late start, it may be different for her, but Cramer’s upcoming book suggests, putting half of your money into an index (e.g., VOO) and half of your money into five more aggressive stocks

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Anonymous 28w

AI stocks. They’ll be taking almost everybody’s jobs in the next 5 years so you may as well profit off of it

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Anonymous replying to -> #1 28w

?

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Anonymous replying to -> OP 28w

nothing I just thought we were over sharing

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Anonymous replying to -> #4 28w

Mid forties, and 65-67

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Anonymous replying to -> OP 28w

Ok one more follow up how is your mom with risk/market down turns? Is she someone that is always worried about the market or a bit more relaxed?

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Anonymous replying to -> #4 28w

Set it an forget it, honestly I’ve been managing her 401k investments since I was like 14. I’ll change funds every once in a while based on trends I’m seeing but I’m busier now

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Anonymous replying to -> #5 28w

This is the safe choice and what I’m leaning towards

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Anonymous replying to -> OP 27w

She needs to DCA an ETF and military stocks.

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