{"product":{"product_id":"B00JUV01RW","title":"The Bogleheads' Guide to Investing","price":"13.0","image_url":"https://m.media-amazon.com/images/I/51hIN5N4BlL._SL500_.jpg","url":"https://www.amazon.com/dp/B00JUV01RW"},"comments":[{"body":"You should absolutely look into how it is invested.  If you want to just do the least amount of work, look to see if there are any target date funds with expense ratios less than .2 and invest everything in the fund with the year that you want to retire.  If you want to get more into it, I highly recommend the [Bogleheads Guide to Investing](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW) as a very beginner friendly book that will give you the tools you need to pick funds for yourself (or maybe even decide that the target date fund is your preference).","subreddit_name":"financialindependence","author":"ryken"},{"body":"If I may, I really like the [Boglehead's Guide to Investing](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW) as a good all-rounder book that'll help you through your investment journey about what to pay down, how to invest, withdraw, and live off of your investments.  \r\n\r\nI liked the book so much I bough a copy for each of my family members and I've even loaned the book to several of my friends who have been using the knowledge from the book to help them setup their financial future.  I started reading the second edition they put out the other day until a friend asked if he could borrow it to have one of his employees read as he wanted to give her some direction in investments.","subreddit_name":"financialindependence","author":"calcium"},{"body":"If you’re the reading type, [Bogglehead’s Guide to Investing](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/) is the best way you can spend your $16. The book will not try to upsell you anything and has a chapter on exactly your situation.","subreddit_name":"Thailand","author":"MissentToCanada"},{"body":"I highly recommend reading *The Bogleheads' Guide to Investing*, it's a pretty good overall handbook on investing. They espouse a buy and hold index mutual fund strategy. It's a great place to start when looking to take charge of your own investments.   \r\n\r\n\r\nhttps://www.amazon.com/gp/product/B00JUV01RW/ref=ppx\\_yo\\_dt\\_b\\_search\\_asin\\_title?ie=UTF8\u0026amp;psc=1","subreddit_name":"personalfinance","author":"vynm2"},{"body":"I've left some comments in other subthreads, but wanted to recommend the book *The Bogleheads' Guide to Investing* based on the philosophy of Jack Bogle, the founder of Vanguard.  \r\n\r\n\r\nhttps://www.amazon.com/gp/product/B00JUV01RW/ref=ppx\\_yo\\_dt\\_b\\_search\\_asin\\_title?ie=UTF8\u0026amp;psc=1","subreddit_name":"personalfinance","author":"vynm2"},{"body":"Market crashes are only a risk if you are trying to pull money put while everything is down. I recommed reading a copy of bogleheads guide to investing.  The boglehead philosophy is the philosophy Vanguard follows.\r\n\r\n\r\nhttps://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/ref=sr_1_1?crid=157JH544GBZI3\u0026amp;dchild=1\u0026amp;keywords=bogleheads+guide+to+investing\u0026amp;qid=1618535126\u0026amp;sprefix=Bogle%2Caps%2C300\u0026amp;sr=8-1","subreddit_name":"canada","author":"Retrograde_Bolide"},{"body":"It's a fine choice. It's a fund that is made up of other funds. Two of them are the rough equivalent to VTWAX.\r\n\r\nIf you want to learn and understand more, you can read [The Bogleheads' Guide to Investing](https://smile.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/ref=sr_1_1?crid=33LNPM8UG2MKK\u0026amp;dchild=1\u0026amp;keywords=bogleheads+guide+to+investing\u0026amp;qid=1617047043\u0026amp;sprefix=bogleheads+g%2Caps%2C211\u0026amp;sr=8-1). If you're not interested in learning more, just know that you've picked a good fund for your retirement. You literally just have to put money in it every paycheck and they will take care of adjusting the risk levels as it approaches 2060.","subreddit_name":"Bogleheads","author":"SteveAM1"},{"body":"I can understand the short time horizon, however I'm also comparing the services I'm being offered, especially on my second bank where I have most of my money and since 2007 they had a 41% increase, while S\u0026amp;P in the same time period had almost 100%.\r\n\r\nEven with a more conservative approach in their investments, which I like because in 2008 there was no negative returns and they actually ended up the year at +0.32%, while S\u0026amp;P 500 ended at almost -40%. However, even with that -40% S\u0026amp;P was able to return more in the same amount of years, even with -40% years.\r\n\r\nI pay 1%-1.50% commission to the bank AFAIK.\r\n\r\nDo you think in the MSCI BRIC ETF that a 3% annualized for the past 10 years is good? That's what I'm getting mostly with the investments I'm getting at the moment.\r\n\r\nFrom what I can understand $BKF had 45% increase in 2017, while MSCI BRIC ETF had 30%. In 2016 it was 23% to 31%. Either I'm reading this wrong, but it wasn't nearly identically performances, it was a 10% difference each year.\r\n\r\nI will read Boggleheads, is it this? https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW","subreddit_name":"investing","author":"hereimalive"},{"body":"In general, ETFs like $SPY, $VTI, or similar have much lower fees than mutual funds and as a result more money gets to you rather than someone else's pocket. A good book: [The Bogleheads' Guide to Investing](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW)","subreddit_name":"investing","author":"goodDayM"},{"body":"[Three-fund portfolio](https://www.bogleheads.org/wiki/Three-fund_portfolio), as explained in [this fantastic book](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW).","subreddit_name":"portfolios","author":"lobster_johnson"},{"body":"I recommend new investors read (check your local library):  \r\n*The Bogleheads Guide to Investing*: [https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/) .  \r\nand/or  \r\n*The Simple Path to Wealth* by J.L. Collins, but you can read most of the content on his website: [https://jlcollinsnh.com/manifesto/](https://jlcollinsnh.com/manifesto/) and [https://jlcollinsnh.com/stock-series/](https://jlcollinsnh.com/stock-series/) .","subreddit_name":"personalfinance","author":"vynm2"},{"body":"Read [The Boglehead's Guide to Investing](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW). Don't listen to anyone suggesting stock-picking strategies. Especially not gurus who \"got rich\" from picking stocks.","subreddit_name":"personalfinance","author":"IamBarbacoa"},{"body":"The Boglehead’s Guide to Investing. \r\n\r\nhttps://www.amazon.com/dp/B00JUV01RW/ref=cm_sw_r_cp_awdb_M9PJEPG3MXH9DBHQ3C67","subreddit_name":"financialindependence","author":"FullyCommittedMaybe"},{"body":"It sounds like you'll benefit from the reading I suggest for new investors, (You may want to check your local library to see if they have copies):  \r\n*The Bogleheads Guide to Investing*: [https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/) .  \r\nand/or  \r\n*The Simple Path to Wealth* by J.L. Collins, but you can read most of the content on his website: [https://jlcollinsnh.com/manifesto/](https://jlcollinsnh.com/manifesto/) and [https://jlcollinsnh.com/stock-series/](https://jlcollinsnh.com/stock-series/) .","subreddit_name":"personalfinance","author":"vynm2"},{"body":"I recommend the following reading for new investors,  \r\n(You may want to check your local library to see if they have copies):  \r\nT*he Bogleheads Guide to Investing*: [https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/](https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW/) .  \r\nand/or  \r\n*The Simple Path to Wealth* by J.L. Collins, but you can read most of the content on his website: [https://jlcollinsnh.com/manifesto/](https://jlcollinsnh.com/manifesto/) and [https://jlcollinsnh.com/stock-series/](https://jlcollinsnh.com/stock-series/) .  \r\n\r\n\r\n\u0026gt;How do I go about starting a mutual fund? Are there recommended websites? Do I go through a specific platform? I honestly have no idea. I've learned about what they are but how to actually start one.\r\n\r\nVanguard or Fidelity are good, low-fee, often-recommended mutual fund companies. Since you mentioned that your 401k is at Fidelity, that would probably be the better option for you. You should be able to search their site for info about opening a regular taxable brokerage account and/or an IRA (Roth and/or Traditional).  \r\n\r\n\r\n\u0026gt;How do I go about buying stocks? How does it work? I hear a lot about Robinhood, so I'm not sure if I should get that.\r\n\r\nYou'll be able to buy stocks using Fidelity, although I don't recommend buying stocks for new investors. Mutual funds and ETFs are much better options for new investors-- read the info I linked to at the top of this reply.  \r\n\r\n\r\n\u0026gt;How much savings is a good amount to have in my bank account and how much should I be putting into investments?\r\n\r\nEnough to cover 3-6 months of expenses is the usual recommendation for an emergency fund. This should be held in a \"safe\" place, like a savings account at your bank, rather than invested. Typically, the lower the risk of you losing your income, and the easier you think it'll be to replace your income if you should lose your job, the smaller your emergency fund needs to be. If there's a high chance of losing your job, and/or you think it will be hard for you to find another, a 6 month emergency fund might be on the low end of what you should have. \r\n\r\nYou'll also want to save money in a bank account for any upcoming expenditures you plan within the next 5 years (car, home purchase, etc.)\r\n\r\nAs far as investments, one rule of thumb is to save at least 15% of your income for retirement + any additional money you may not need for at least 5-10 years.\r\n\r\nIf you can't afford to save \"enough\" right away, that's OK. Just save as much as you can, and each time you get a wage/salary increase, increase your saving %.\r\n\r\n\u0026gt;  \r\n\u0026gt;  \r\n\u0026gt;For my 401k through Fidelity, I'm contributing a good amount. I also see that there's an option for a Roth Ira that I am not contributing to. Can I and should I contribute to both?  \r\n\r\n\r\nHaving your retirement investments in a mix of pre-tax 401k assets and Roth assets gives you the most flexibility in retirement. Typically, early in your working career is the time when your income, and therefore income tax rate, is the lowest, so that can be a good time to make contributions to a Roth IRA or Roth 401k (if your company offers one).","subreddit_name":"personalfinance","author":"vynm2"}]}