Roth IRA Investment Options with Fidelity
If you’re looking to save for retirement and reduce your tax bill, a Roth IRA is a great option. Fidelity offers a wide range of investment options for Roth IRAs, so you can find the ones that are right for your goals and risk tolerance.
Here are some of the top options to consider:
ETFs: A Cost-Effective Way to Diversify
ETFs, or exchange-traded funds, are a great way to invest in a basket of stocks or bonds. They trade just like stocks, but they offer the diversification of a mutual fund. This makes them a good option for investors who want to reduce their risk without sacrificing potential returns.
There are a few funds that are best to invest in the Roth IRA:
Fidelity ZERO Total Market Index Fund (FZROX), Fidelity ZERO International Index Fund (FZILX), Fidelity ZERO Total Bond Market Index Fund (FZBZX), iShares Core S&P 500 ETF (IVV), and Vanguard Total Stock Market ETF (VTI).
Mutual Funds: Professional Management and Diversification
Mutual funds are another great option for Roth IRA investors. They offer a professionally managed portfolio of stocks, bonds, or other assets. This can be a good option for investors who don’t have the time or expertise to manage their own investments.
Some of the best mutual funds to invest in your Roth IRA includes: Fidelity Contrafund (FCNTX), Fidelity Magellan Fund (FMAGX), Fidelity 500 Index Fund (FXAIX), Fidelity Total Bond Market Index Fund (FTBIX), and Vanguard Total Stock Market Index Fund (VTI).
Index Funds: A Low-Cost Way to Track the Market
Index funds are a type of mutual fund that tracks a specific market index, such as the S&P 500. They offer a low-cost way to invest in the overall market, and they can be a good option for investors who want to keep their investment costs down.
There are a few index funds that you can invest in your Roth IRA account, including Fidelity ZERO Total Market Index Fund (FZROX), Vanguard Total Stock Market ETF (VTI), Schwab Total Stock Market Index (SWTSX), iShares Core S&P 500 ETF (IVV), and SPDR S&P 500 ETF Trust (SPY).
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