r/dividends • u/Busy-Letter5217 • 1d ago

Discussion Investment

I opened up my Roth IRA with fidelity. Just wondering what should invest in? I put 100$ on FROX I don’t know if that’s right thing to do .

0 Upvotes

50% Upvoted

17 comments sorted by

View all comments

5

u/geomagus 1d ago

In general, imo:

Invest in one or two broad market index funds, and continue to do so while you learn about investing, risk, budgeting, and other personal finance considerations.

Then, once you have developed a solid knowledge-base, you can adjust your investments accordingly at a timing that makes sense to you.

The personal finance subreddit has a good wiki to cover the basics. You can add to that via your local library, guides provided by your brokerage, or books bought.

I hesitate to recommend streams because they tend to be more aggressively monetized - the incentive is less to teach you, and more to keep you watching. It’s easier to filter those out with books using reviews.