I’m looking for a mutual fund or something similar. I’d like to have an account that I can put X amount monthly instead of a savings account. I have IRAs for wife and myself. Just looking for somewhere to easily put money on my own with advisors. This is for the long term. Thanks in advance.

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Posted by SG_Geaux

Beautiful St George

Member since Aug 2004

78115 posts

Posted on 3/8/24 at 7:45 pm to LCboi

Something Vanguard

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Posted by TJack

Member since Dec 2018

1452 posts

Posted on 3/8/24 at 8:24 pm to LCboi

Yes like above said Vanguard is what has been very consistent. I have a Schwab account (formerly TD) and I have VGT and VOO. Tech and index.

ETA: I don’t use advisers. But not saying you shouldn’t. Low cost index funds are the way to go IMO.

This post was edited on 3/8/24 at 8:27 pm

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Posted by slackster

Houston

Member since Mar 2009

85388 posts

Posted on 3/8/24 at 8:34 pm to LCboi

Vanguard and others also have cheap professionally managed mutual funds too.

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Posted by lynxcat

Member since Jan 2008

24219 posts

Posted on 3/8/24 at 9:06 pm to LCboi

VTI or SCHB

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Posted by bobdylan

Cankton

Member since Aug 2018

1530 posts

Posted on 3/9/24 at 5:37 am to LCboi

Taxable account I mostly keep investing in VTSAX.

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Posted by DVinBR

Member since Jan 2013

13108 posts

Posted on 3/9/24 at 11:21 am to LCboi

FXAIX or VFIAX or any other fidelity/vanguard 500 funds

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Posted by SloaneRanger

Upper Hurstville

Member since Jan 2014

7962 posts

Posted on 3/9/24 at 11:27 am to LCboi

Don’t buy mutual funds. Do ETFs instead. Assuming you are talking about post-tax money. The problem with mutual funds is that even if you are just holding them they distribute capital gains each year, which may give you some unpleasant surprises.

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Posted by geauxpurple