Quote:
Originally Posted by RunKC
I have a 401k and a Roth IRA. My employer uses Fidelity so I might look into those.
Company matches 6%, but as of about 6 months ago I moved it up to 8 to add more personally.
I have a Roth IRA with the standard company set up, that netted me 9% growth last year. I think I should have talked to a financial advisor 5 or so years ago and should have been putting more than 6% in for the last 7 years.
Ideally I would like to build compound interest and start it now. Just not sure which fund, ETF, etc would be best.
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Rule of thumb I've heard from Dave Ramsey.
Take 3 of the highest 10 year fund performers and put money in those.
Then I heard someone break it down even further... Take 3 of the top Index fund performers over 10 years and put it into those.
Index funds are low maintenance. That advice hasn't guided me wrong yet.