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28 July 2021
19:33 hour

Simple and long-term plan

Reddit Stocks

21/07/2021 - 23:58

I'm looking to only invest into two funds: QQQ 60% VOO 40% I'm quite young so have a long time frame in mind and I prefer the weighting towards tech stocks. I would DCA every month for the foreseeable future. Is there any disadvantages with this plan?   submitted by   /u/EverythingFinance [link]   [comments]


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    Hello! I’m a 20 year old college student currently working full time and have been since the beginning of 2021 to August. I’ve gotten a lot of advice about starting a Roth IRA as a good use of my savings. I’ve only recently gotten into the Stock market and have RH (bad, I know) and Binance accounts where I haven’t withdrawn anything out (long term holding most of it). However, I have also started a Fidelity Brokerage and Roth IRA account and planning to transition from RH to Fidelity completely. I have some questions about all of this if anyone could give me some advice: 1) Am I able to transfer stocks (ETFs) from a brokerage account into my Roth IRA account? (from RH -> Fidelity Brokerage -> Roth IRA). Would you recommend this? 2) I plan to put in around 4000-6000$ in my Roth IRA in 2021. How would I best use this money on investments? Should I just keep it simple and buy ETFs and what ones are best? Any advice and tips and knowledge appreciated! Thank you!   submitted by   /u/nuyriad [link]   [comments]
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  48. FA Center: Take these 3 steps towards financial literacy (05/05/2021 - Market Watch)
    Most of us don't have a long-term financial plan and now is a good time to start.
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  49. Does it make sense to get into any long term positions right now? (12/03/2021 - Reddit Stocks)
    I’m relatively new to investing, but looking to throw a solid chunk of my cash into long term stocks. However, it seems like the sentiment is that a correction is coming possibly soon. So would it still be smart to go in long term right now? I know nobody has all the answers, just looking for some input before I go in on something with a solid amount of my money. Thanks for any help   submitted by   /u/AtlasNoseItch [link]   [comments]
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