Sure, you can keep a close eye on it and sell out at the "right" time, but the awesome thing about index funds/ETFs is that they automatically do that for you-the S&P 500 tracks the US's largest 500 companies and reconstitutes itself every quarter.Įven cooler is that there are many indices out there that cater to different investment strategies, and you can pick the one(s) that best fit your investment philosophy and outlook on the future (and that also have exposure to Apple). You have 38 years before you can withdraw the gains penalty free. If you only invested in Apple, sure, you'll be fine for a while-Apple's market cap makes it big enough to be it's own country, plus it's sitting on a boatload of cash, it's a dominant company, and will continue to innovate/be cutting edge for the foreseeable future.īut the Roth IRA is your retirement account. Here, please treat others with respect, stay on-topic, and avoid self-promotion.Īlways do your own research before acting on any information or advice that you read on Reddit. Get your financial house in order, learn how to better manage your money, and invest for your future. Banking Megathread: FDIC, NCUA, and your cash.Private communication is not safe on Reddit. Scam alert: Ignore any private messages or chat requests.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |