Fidelity Index Funds For Beginners 2024 (FULL Tutorial)

[@RyanScribner]

Get a FREE Stock worth up to $200 when you open a Robinhood account! ► Robinhood Free Stock (Up to $200!): ryanoscribner.com/robinhood Choose Free Stock from 20 Leading Companies!

[@industrialpalletworx3548]

A massive benefit with Fidelity is when you deposit money to be invested. Your money earns 4.99% interest until you buy shares. So if you're doing cash secured puts your still earning interest on your money.

[@RyanScribner]

Thanks so much for sharing that! That is huge in this higher interest rate environment

[@industrialpalletworx3548]

@@RyanScribner you're welcome

[@alejandrosaavedra301]

Yeah! That’s why I like to keep cash there, if I don’t spend that money buying shares! At least that money is still working! I have a question! I’ve been using the FXAIX and I notice that if I bought a share on price market, and then when the purchase is settle, the price cost is lowered than the actual purchased! I’m curious about it! What does mean?

[@industrialpalletworx3548]

@@alejandrosaavedra301 no idea. I'm not familiar with what you're referencing

[@JDMDNP]

How do you do this? I have simple IRA in fidelity investment and some of the money isn't invested yet. How do I get 4.99% on that money?

[@goated4eva]

Can the stock market really keep going up long term at the same pace? Market caps would have to be in the quadrillions

[@yallmad3043]

Yes. New companies will overtake

[@SincerelyYoursNadia]

Another amazing video🔥 I’ve learned so much about stocks from your helpful commentary💕Thankyou!

[@AbundantEnergy21]

Great explanation, Your videos are clear and concise. It is appreciated.

[@RyanScribner]

Thanks for letting me know!

[@EmmanuelLewis-cr9tn]

Thanks Ryan. For the past five years. You are an og, I would watch you while I do laundry.

[@RyanScribner]

That is really cool! Thanks for sharing that with me and for being a long time supporter of the channel

[@zapdosmtr4961]

Question, IM guessing i have the change imvestments closer to retirement to ensure it does not lose/much funds?

[@georgialee6755]

If I invest in FXAIX should I also invest in a mid cap fund and a small cap fund? Thanks.

[@NicoMueckay]

Is it okay to invest in both FXAIX and FITLX at the same time? they have a lot of overlap so idk if it makes sense to invest in both?

[@StevenServin]

You’re correct. It definitely has much overlap. You’ll be saving A lower expense ratio w/ FXAIX

[@boomn216]

So how do you earn money with this fund? Does it pay dividends? I wish Robinhood allowed mutual funds too. Be nice just to have one app.

[@kiannayates8565]

Hi! I’m pretty new to investing but I opened up a fidelity account and had a few questions. If I want to invest my money into the s&p 500 do I have to put my money into a Roth IRA first? Also when I try and buy some of the s&p 500 the only way I am able to is if I buy it as a mutual fund. Idk if that makes sense, but if anyone could help me out that would be great! Thanks!

[@StevenServin]

Hey, you can’t directly buy the S&P 500 through Fidelity, but you can buy their Fidelity 500 index fund FXAIX which is their version. It would be wise to invest through a Roth IRA.

[@octaviousmillz2864]

​@@StevenServin you are on point my guy!!! I just did exactly what you said two weeks ago. Even though your comment was three months ago, WOW!!!

[@romeo7smith463]

What if the market crashes? That’s the scary part

[@le9051]

More than 90% of my investments are in the S&P in the extended market index fund I'm okay with this even getting close to retirement it'll be a long time before I move into bonds probably, my money needs to last a long time

[@Maniseesbothsides]

Personal opinion, bonds are only for billionaires/countries/organizations and not the common man..... everyone should be in equities/stocks imo.

[@jillismyname]

Love your content. I am sort of wondering though... I invested quite a bit more than $100 a month starting around 24. But now, almost 2 decades later, my numbers aren't matching up with your chart. I'm guessing I didn't pick the best investments in my 401K for the first few years(not as much good info back then), but overall I think they're pretty standard aggressive growth. And I know I was part of that "Lost Decade" of growth and all the financial crisis stuff. I'm glad to be doing ok, but sometimes I get discouraged thinking I should be doing better for how much Ive hustled to save. Any thoughts?

[@robbyu.672]

Are you reinvesting your dividends?

[@JOSELYY]

I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend.?

[@nycmarbel]

can $300/month be distributed in all those stocks you just mentioned and would i be penalized if decided to withdraw before age 59.5yrs

[@Catalyst512]

If you’re talking about a 401k that is invested into pre taxes off of your paycheck, you will need to pay income taxes on anything taken out. And if you take out before 60, you pay a 10% penalty fee. Just remember, if you plan on taking any of the money out you will need to report it to your income for that year you take it out.

[@Jme_CA213]

Curious what some effective strategies might be for someone starting in their 50s.

[@chrcook01]

so not much on Gold/Silver/Precious metals funds ?

[@akin242002]

A 16-inch MacBook Pro is well worth the investment for someone with a KZbin channel.

[@Catalyst512]

I’m currently putting 10% of my check with 4% coming from my employer. Come out to around 250-300 a week going into my 401k. Currently investing into the fxaix. Short term it isn’t doing much.

[@lmlscott7195]

God damn where do you work

[@lawrence12546]

I have set up my fidelity brokerage account and I want to know how I can start buying stocks and EFT s I have also set up Roth IRA too but I have no idea to buy stocks

[@RyanScribner]

Check out my Robinhood tutorial here: kzbin.info/www/bejne/nHuwf6yqn7-XfdE

[@rob4263]

Call fidelity they will be happy to show you how

[@bajuracan]

If I already have FXAIX which other index should I be investing in?

[@StevenServin]

FSKAX, FTIHX, EEM

[@elizabethfiguereo5874]

Hi could you share the tutorial's video link if you did it please.

[@ianscianablo8507]

Hey Ryan. Great to still see you out there! I did take the plunge! I implanted my former employer's 401K into my first IRA. I also funded it via index funds but, I feel I made a huge mistake. I decided to stay with the Merrill Lynch Edge platform. I don't know how costly it will be to move everything into Fidelity. ML has no automating DCA investing because I chose to self direct! There are no fractional shares with ML either. How costly can this be tax wise? Thank you Ryan!

[@RyanScribner]

If you are able to do an "in kind" transfer you can switch without selling off any of your assets, I would look into the steps for transferring from Merrill to Fidelity

[@ianscianablo8507]

@@RyanScribner Would Merrill help me with this? Who would help me do this transaction? I had settings for dividend reinvesting. My % amounts in my three ETFs will not change? QQQM, VOO & SCHD & AMZN? But as you say in your video, I pay less or nothing in fees if I choose my ETFs on the Fidelity platform? Just worried about the costs. Thank you Ryan.

[@RyanScribner]

Fidelity would initiate the transfer, here is more info: www.fidelity.com/customer-service/transfer-assets

[@Len_Villain]

HE KILLED THIS

[@marlojoubert7269]

So can take mm 401k from Employer, invest index funds with FDY..

[@pittresident1220]

I'm new to investing. Opened a Fidelity Roth IRA recently and invested 3k. Few weeks later I invested $400 more but it hasn't shown up on my profile or added to my balance. There was something about a settlement date that has past three days ago. Anyone here have any idea what has happened?

[@RyanScribner]

Not sure - I would suggest reaching out to Fidelity customer service! They have some of the best CS out there.

[@pittresident1220]

Thank you, that's a great idea. Will be watching for more of your great videos. I did subscribe.

[@deniseangers5980]

Thanks for all of the fantastic information!!

[@RyanScribner]

Thank you for tuning in!!

[@brandygaines1701]

Hi, would it be betrer to change from ed. jones to this firm

[@nutria12247]

I would guess that you would save some money in fees by moving to Fidelity.

[@kg811]

I am doing this exact thing right now. That's why I looked up information. My FA fees are high but I have a good FA too, but still, I am 64 and drawing money so I need a good boost. I am looking for good advice.

[@nicholaschase980]

You did not account for inflation. The real value of 1,000,000 is not the same now as it will be in 30 years.

[@Will_Schrank]

True, but the calculation was based on a monthly investment of $100. Change that to $500/mo for 47 years and you end up with over $5M.

[@kidxmozzyb]

amen

[@kidxmozzyb]

@@Will_Schranksounds accurately estimated

[@Will_Schrank]

@@kidxmozzyb thanks, I worked hard to provide the most rigorous and highly scientific wild a** guess possible. 😊

[@一点一滴学英文]

Thanks for your sharing ❤

[@RyanScribner]

Thanks for watching!

[@chuckiegsdodgegarage7422]

I invested in small and large caps and in 8yrs I had a return of 345,000.

[@rs7458]

I am at the beginning of my investments. What do you suggest? I use fidelity.

[@chuckiegsdodgegarage7422]

I use Merrill edge thru Bank of Amer, they have reps in the Bank to help you with advice.

[@minniefisher3434]

Im new to this , who did you invest in

[@一点一滴学英文]

that is impressive

[@willmallory9085]

Excellent video Brother

[@RyanScribner]

Thanks for watching!

[@robbyu.672]

Ryan- this is an amazing video. More people of the younger generations need to watch this. I’m 35 and trying to learn all this and this is the first video that’s actually helped me.

[@RyanScribner]

Thank you so much!! So glad to hear that

[@robbyu.672]

@@RyanScribner you are very welcome. It stinks getting started this “late” in life but it’s better than never starting, right?

[@NdnxdidhhNndhxydh]

Perez Linda White George Clark David

[@Nht375]

ESG is discriminatory

[@davidko5021]

Watch out bro! The security settle system of the fucking fidelity will make your account to be loss. When you meet the chance to invest, the fucking delay system will delay your golden time either.

[@JT-sl3ui]

Yeah 👍🏻 okay 👌🏻