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re: Beginner investors. My 2 teen kids.
Posted on 4/5/23 at 10:00 am to TorchtheFlyingTiger
Posted on 4/5/23 at 10:00 am to TorchtheFlyingTiger
quote:
Teach them to invest in the market with index funds and not try to beat the pros.
Can I do that with fidelity?
1
Posted on 4/5/23 at 10:06 am to lsugorilla
quote:There's nothing you can't do with Fidelity.
Can I do that with fidelity?
Indexing or buying index funds is one of the simplest ways to invest.
SPY is an index exchange traded fund (ETF) that tracks the performance of the S&P500 (the five hundred largest companies in the US).
So, whatever the S&P does, SPY does.
The S&P has historically averaged about 10% per year.
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