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07-27-2021, 11:41 AM | #10816 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,123
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07-27-2021, 11:45 AM | #10817 |
Why so serious?
Join Date: Dec 2016
Location: Chicago
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Yes, the correlation between some Chinese indices that have been getting bludgeoned and the TSLAs of the world is uncomfortably high (think 65-75%). There’s no doubt some general derisking going on right now and that will hit all correlated exposures.
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Posts: 12,709
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07-27-2021, 12:47 PM | #10818 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
Not a bad day to sell some. Seems like more downside risk than upside holding to me after a really good run up. |
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Posts: 6,387
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07-27-2021, 01:15 PM | #10819 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 52,471
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07-27-2021, 01:22 PM | #10820 |
I'll be back.
Join Date: Nov 2002
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IQIYI!
Buying opportunity! |
Posts: 287,476
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07-27-2021, 03:01 PM | #10821 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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I know this is a dumb question and probably already covered to death in this thread but,
I just opened up a Roth IRA for the first time through Fidelity and deposited $500. Do I have to do anything for it to grow once the funds clear from my checking account? Like do I need to choose what the money I contribute is invested in or does Fidelity handle that for me while I just collect dividends? I plan on adding $500/month for the rest of the year then continue that next year to meet the $6000 contribution limit for 2022. |
Posts: 11,434
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07-27-2021, 03:04 PM | #10822 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Quote:
Regardless, note that you'll need to do it each time you make a deposit. That can be a pain, but if you get on a schedule, I'd guess you can set up automatic deposits and automatic buys. Fidelity can probably help you figure out the best way to do it to meet your needs. Do be aware that Roths are capped at $6k per year, so don't go too nuts. |
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Posts: 52,469
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07-27-2021, 03:09 PM | #10823 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Posts: 11,434
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07-27-2021, 03:10 PM | #10824 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Posts: 52,469
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07-27-2021, 03:24 PM | #10825 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
FNILX large cap FZROX total market FZIPX small/mid cap If not they have plenty of low cost mutual funds that a very good. |
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Posts: 46,123
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07-27-2021, 03:25 PM | #10826 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Quote:
I'm actually going to be fairly conservative with this since its for retirement. Any index fund recommendations? My 401k is 100% in AGTHX, is that considered an index fund? And if so should I make my Roth investments something different for better diversity? |
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Posts: 11,434
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07-27-2021, 03:28 PM | #10827 |
I'll be back.
Join Date: Nov 2002
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I have:
VFIAX VANGUARD 500 INDEX ADMIRAL |
Posts: 287,476
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07-27-2021, 03:28 PM | #10828 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Quote:
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Posts: 11,434
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07-27-2021, 03:31 PM | #10829 |
MVP
Join Date: Mar 2019
Location: KC
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Didi tipped me off a earlier in the month that the Chinese were doing the gestapo move on them.
As soon as they went public within days they doing a crack down. https://fortune.com/2021/07/09/didi-...eet-investors/ |
Posts: 7,568
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07-28-2021, 07:44 AM | #10830 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Tilray holy shit
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Posts: 11,434
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