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re: Beginner investors. My 2 teen kids.

Posted on 4/5/23 at 10:06 am to
Posted by bayoubengals88
LA
Member since Sep 2007
19083 posts
Posted on 4/5/23 at 10:06 am to
quote:

Can I do that with fidelity?

There's nothing you can't do 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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