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Mutual fund Help

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  • #16
    You made a good decission, it will make you more money even after the transaction fees. Try to put more with it on a regular basis. Good luck.

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    • #17
      T Rowe is a great company. What fund did you invest in?
      The easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
      - Demosthenes

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      • #18
        I working on invested into Fund TRRDX. I hope this is a better fund. I haven't sign any paper work yet so give me you'll opions about this fund.

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        • #19
          Originally posted by fruitbowlk View Post
          I working on invested into Fund TRRDX. I hope this is a better fund. I haven't sign any paper work yet so give me you'll opions about this fund.
          I approve! It says there is a $1000 minimum though (for IRAs)?

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          • #20
            They allow me to roll over what I had in the other roth ira and I have to contribute 50 a month. So they let me bypass the 1000 min.

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            • #21
              Originally posted by fruitbowlk View Post
              They allow me to roll over what I had in the other roth ira and I have to contribute 50 a month. So they let me bypass the 1000 min.
              That's great that you will be adding to the fund each month. How old are you by the way?
              Steve

              * Despite the high cost of living, it remains very popular.
              * Why should I pay for my daughter's education when she already knows everything?
              * There are no shortcuts to anywhere worth going.

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              • #22
                I'm 30. I will be 31 in August.

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                • #23
                  Fidelity Freedom 2045 Fund(FFFGX

                  What do you all think of this fund?

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                  • #24
                    Originally posted by fruitbowlk View Post
                    What do you all think of this fund?
                    Fidelity's version of the target retirement fund.

                    There are minute technical differences, but overall I don't see any significant difference between these two fund of funds.

                    I think it's a matter of which investment firm you would rather go with... Fidelity or T. Rowe Price. Fidelity's basic attraction is its vast universe of investment products. It really is a one-stop shop. Some love the variety, while others hate it because it's too much for them. T. Rowe Price's main draw is typically its low minimum requirements to open an account with them (but in this case, it could be a draw in terms of initial minimum required for these two funds).

                    Either way, I don't think you can go wrong.

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