Hi all,
Nobody in my life knows about or has ever invested, I have first 10k in Roth. I might sound dumb.
I have done research through this sub resources & beyond am looking for any critiques/explanations. I want to keep it simple, long-term growth. I will be adding the most I can at the moment (300/mo). Met with a financial advisor through EAP who gave basic explanations for free of indexing and mutual funds, without direct suggestions. Also want to give my limited understanding to make sure I am on the right page.
80% FXAIX - follows the sp500. Similar to voo, which I see recommended the most. very minimal fees
20% - FZILX - international, no fees and diversified portfolio