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Money and Finances
Reply to "Investing the first $5,000"
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[quote=Anonymous][quote=Anonymous]For the Roth you can go with fund like the fidelity freedom 2040 or whatever time frame you want. They manage the risk to suit your time frame. Index fund is fine for the other one. Not sure you need it in a brokerage account, I'd just open a vanguard index fund account. [/quote] I'd look at the fees for the Fidelity Freedom, though -- Fidelity tends to have higher fees and $2500 can get eaten up if there's bad returns and high fees. I'd recommend Vanguard for such a small amount, just starting out. Then switch to Fidelity once more money is involved and the higher management fees maybe make sense.[/quote]
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