What's a good fund to invest in for a roth IRA?

Question

I am planning on investing 4k out the gate once 2007 hits. Any suggestion(s) on a fund? I am going through fidelity.

Answer 1

If you are going to invest 4k all at one time, you can improve your chances of success by investing in several funds. Choose index funds, lower costs. If you do not have a brokerage account with Fidelity, set on up for your IRA. More flexibility. Of course you can also choose Fidelity mutual funds, but they have minimum investment amounts, so you have no real choice but to place it all in one.

I would place some in a small cap fund, index or other closed end fund. And some into a fund investing in China. CHN is a closed end fund that does. And some in an oil fund. There are several index funds available for oil.

If you need help finding such funds, here is a good link.

http://www.etfconnect.com/

Answer 2

You will have to check on your Fidelity site what the minimum initial purchase can be.....most Fidelity funds are $2500. (but I think some MAY have smaller requirements for "retirement" accounts.
Anyway if you go to the site and hit "research" and then "mutualfunds"...you can see whats available.
If you are totally unfamiliar it will take some study to figure out where to put your money....if you want caution and an average return..look at the "blend" funds, like Fidelity Balanced or Fidelity Global Balanced..... I found FNMIX to be a nice investment for my daughters' IRA's ...it's an international fund but holds mostly bonds ( just a little safer) but the nice thing about it is that it pays monthly dividends...meaning every month you will get a few more shares, and it adds up....
If you want to go for bigger profits quicker, I have had GREAT luck with Fidelity Emerging Markets ( FEMKX) In 30 months in that fund my initial investment has grown 143%!!
One strategy may be to invest in the "high- roller" and when (if) it grows to the $5000. mark you can split back to a 50/50 spread(conservative/ aggressive).
Just get it in there and get started....best of luck!
P.S. Don't get upset at the " ups and downs", in the long run your money is so much better off invested in your future than on the counter at Starbuck's!!! Have a good time!

Answer 3

No. Not just because I don't have one, but because I don't know your investment info. No one should recommend to you, nor should you take a recommendation, without giving you a need analysis. You need to give more info so we know what to advise on. That should include your age, when you will use it, your investment threshold, other assets, time horizon, source of income, and a host of other questions that should be known by you & them.

Anyone who has a ready answer to the question, "what should I invest in", should be questioned. There is a thing called "suitability", which means that the investment recomended should meet your goals & tolerance. Do you put an elderly lady into a tech fund with her retirement money that she needs? Do you put the 20 something out of college & living at home, into a money market or gov't bond fund?

Get the picture? We need more info to give you a better answer. We could at least give you a good sector to be in.

Answer 4

With Fidelity, see if they have a GLOBAL fund, which will usually invest about 20% or so in USA as well :)

Otherwise, these two Fund Companies are VERY good to!

AIM or American Century!

http://www.americancentury.com
http://www.aiminvestments.com

Answer 5

the fidelity international fund has been great for me, but if this is your first investment i would stick it in the freedom funds, the target date retirement funds they have, then your 4k is totally diversified, and allocated to your age, then after you get enough of a buildup of funds maybe change it up some

hard to say though without knowing your age,income,risk tolerance, all that fun stuff

Answer 6

right here's one problem to maintain in concepts about the Roth IRA account. there is under no circumstances any tax on it the position as there is on your 401k. This will develop into major at the same time as thinking your asset blend. income generating investments are taxed on the full tax cost as will be your 401k. therefore it really is sensible to make investments a minimum of a few of your 401k in income generating resources--bonds, LPs, REITs. The income from each and each and every of those is taxed on the full tax cost besides. Now because the Roth IRA is under no circumstances taxed, it really is likewise sensible to placed those style of resources into the Roth IRA also. and likewise fairness investments. What you missed to tutor are investments outdoors of those 2 vehicles. once you've some, they should be investments which will be taxed on the capital positive factors cost--fairness investments. actual, except you're interior the utmost tax bracket it really is sensible to have portion of your fairness investments outdoors of a 401k. through doing so your complete tax bill will be decreased, truly if you're a lengthy time period investor. once you've the least hankering to make investments a number of you earnings gold and silver those genuinely should be interior a Roth IRA. both are taxed as collectibles in the different case. yet another problem to judge in regard to the 401k is that in destiny years the tax cost would actual be larger, perchance a lot larger, than it at present is. because you truly haven't any determination of putting non-mutual fund investments interior a 401k except for perchance employer inventory, it actual does make experience to make investments Roth IRA earnings employer stocks truly than mutual funds. yet be careful. it really is amazingly tempting for most to take a position with their Roth IRA account truly short time period paying for and promoting which in the different case will be taxed on the full tax cost. which will be a superb thanks to shrink that cost of the Roth account. Be somewhat careful. make investments interior the likes of MCD, WMT, JNJ, BDX, KO, etc. or perchance ETP with its 8% dividend or PAA with its 7.5% dividend. and do not make investments it in fewer than 5 different businesses.

Answer 7

no . well its hard to suggest something . if soemone does you are gona be a fool to just do as they say.
but i would recommend look into the global/international cateogry of equities/bonds
high growth rate expected

BUT always do your HW