Unlocking Financial Freedom: Investing into FXAIX 500 Index Fund
Embarking on my Roth IRA journey is a significant step towards securing my financial future, and I'm here to guide you through it. In this video, I'll show you the ropes of opening a new Traditional Roth IRA account with Fidelity and kickstarting my investment journey by putting my money to work in the FXAIX 500 Index Fund. I'll break down the process step by step, from setting up my account to making my first investment, ensuring I have a solid foundation to build my wealth and achieve my long-term financial goals. Join me on this financial adventure, whether you're a beginner looking to start your retirement savings or an experienced investor seeking to optimize your portfolio with a renowned index fund.
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#investing #indexfundinvesting #FXAIX #RothIRA #TraditionalRothIRA
Chapters:
0:00 Intro
0:28 Starting a New Traditional IRA
01:18 Starting to DCA into FXAIX
02:15 Review of the Fund - Expense Ratio Etc.
03:47 What is an Expense Ratio?
04:23 Companies in the S&P 500
05:08 What I like about this fund
05:45 Details about the fund
06:18 My Journey (ETF Investing/DCA)
08:03 Closing (Like & Subscribe)
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