Fidelity Index Funds For Beginners | The Ultimate Guide

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Fidelity Index Funds For Beginners: Index Funds are one of the best investments of all time and here is a complete step by step tutorial to Fidelity Index Funds for beginners. After watching this video you will have the knowledge to outperform many of the professionals to start building wealth.
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⏰ Timestamps ⏰
00:32 What is an Index Fund?
04:50 Advantages of Index Funds
07:40 Fidelity Index Funds vs Competitors
08:37 Best Fidelity Index Funds
11:50 How To Buy Fidelity Index Funds
15:05 How Much To Invest
📝 What is an Index Fund?
An index fund is a collection of different companies on a list you can put your money into that allows you to own portions to each of those companies within one purchase. An index fund is a type of mutual fund or exchange traded fund (ETF) that tracks the returns of a particular market index. A market index is a collection of securities (such as stocks or bonds) that represent a specific sector of a market or economy.
A popular index fund is the S&P 500 that is the top 500 publicly traded companies in the U.S. and is a broad scope of the U.S. economy. On Fidelity, the S&P 500 Index is listed under the "Fidelity 500 Index Fund (FXAIX)".
If you want a deeper scope, you can invest into the Total Market Index Fund that contains many different small, mid, and large sized companies. This is listed on Fidelity as the "Fidelity Total Market Index Fund (FSKAX)".
Why Invest in Index Funds? (ADVANTAGES)
1. Passively Managed:
The S&P Dow Jones Indices research study states that 10.62% of actively managed funds (controlled by professionals) outperformed passively managed (not controlled by professionals). That means roughly 90% of portfolio managers could not outperform passively managed funds. Always looking for the best Return On Investment (ROI).
2. Diversification
If you only own singular stocks and one was to go bankrupt or collapse in share price, you could lose a significant amount. In comparison, if you owned the S&P 500 with 500 companies, you would have much less risk to losing since 1 company out of 500 is a small percentage to the overall investment.
3. Expense Ratio
The cost to owning index fund based mutual funds or ETFs is much cheaper than purchasing actively managed mutual funds since they charge much higher expense ratios and hidden management fees that over the years will significantly impact your results.
Best Fidelity Index Funds:
- DOMESTIC -
1. Fidelity 500 (FXAIX)
2. Fidelity Large Cap Growth Index Fund (FSPGX)
3. Fidelity Total Market Index Fund (FSKAX)
- FOREIGN -
4. Fidelity International Market Index Fund (FSPSX)
5. Fidelity Emerging Markets Index Fund (FPADX)
- BOND -
6. Fidelity Total Bond Index Fund (FTBFX)
How Much To Invest (Moderately Aggressive Growth) not a financial advisor, just a general guide:
- DOMESTIC -
1. FXAIX: 40%
2. FSPGX: 20%
3. FSKAX: 10%
- FOREIGN -
4. FSPSX: 10%
5. FPADX: 10%
- BOND -
6. FTBFX: 10%
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Disclaimer: This video is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.

Опубликовано:

3 янв 2023

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@DannySully Год назад

Check out my Fidelity Playlist: ru-vid.com/group/PLL80XtVsEZjN7ichqUUvP54qpYQ4lVS46 - Fidelity Sign Up (Not Affiliated): fidelity.app.link/e/DMtUN9ndyxb Sign Up Bonus Offers: 💎 SoFi High Yield Savings Account ($325 Cash Bonus): dannysully.link/SoFi 📈 Get $60+ Free Stock on Webull: dannysully.link/Webull 📊 Get $100 Free Stock on M1 Finance (Min. Deposit: $10,000): dannysully.link/M1Finance 💰 Get $200 Bonus on Coinbase: dannysully.link/Coinbase 💳 My Favorite Credit Cards (Sign Up Bonus): dannysully.link/FavoriteCreditCards 📕If you are interested in any finance books, below are some of the ones I have read and recommend (I earn a small commission on the sale as well) - Enjoy the video! MONEY Master The Game by Tony Robbins: amzn.to/3ZF6LcN Macroeconomics by David A. Moss: amzn.to/3ZDwMt3 Rich Dad Poor Dad by Robert T. Kiyosaki: amzn.to/3EXNknM The Intelligent Investor by Benjamin Graham: amzn.to/41HnNcb ⚠ Must Watch Video - Mutual Funds vs Index Funds vs ETFs: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_Oz_l3GQxh.html

@BabyWick351 Год назад

👀🤔

@selflove428 11 месяцев назад

I will think u

@vaibhavkambli2061 10 месяцев назад

Can you please tell me. If we can Create own Index fund

@deborahlewis9945 9 месяцев назад

Question I'm a 50y nurse, trying to sure up retirement! So far I have a traditional IRA 4k, but not sure how to set it up id like to invest in the s&p.I have 100k in checking and savings combined, 70k 401k, How would I setup the IRA?

@ossufomucola8153 28 дней назад

Hi, im very happy with your good vídeo. But i need to know for People from África are they allowed to join on fidelity index funds?

@mollyklemarczyk2475 Год назад

I seriously cant thank you enough for your Fidelity content. The platform is so overwhelming and contains so little plain language for a complete newb like me. I've been dropping money in my core account but too afraid to pull the trigger on anything without knowing specific funds better. This was exactly what I needed to feel confident enough.

@DannySully Год назад

Hey! I'm glad to hear that my content is helpful for you! It's great that you are getting started and willing to learn everything! If you have any questions or recommended content feel free to let me know. Thank you for your feedback, It means a lot to me and I appreciate it a ton!

@isarodriguez6537 3 месяца назад

@@DannySullyIf I open a Roth IRA with Fidelity? And I start investing with index founds? Let’s say I have $4500, total. And I loss $500 from the index? That means my Roth IRA now is just $4000??????Im new and want to star???

@danieln8150 Год назад

Will never understand why they don’t teach this at school. Thank you bro your the goat 🐐

@chasehadley5230 Год назад

What about the fees?? How much does one pay monthly or yearly on a 1000 dollar etf dividend?

@bighonchox6698 Год назад

You should know why 😂 they don’t care about us they don’t want us to win… I’m 28 and I just decided to get serious about stocks.. I knew about stocks but didn’t know the depth of it.. I did crypto before but when I was in school they never taught us this and in my opinion like I said earlier they don’t want us to win.. you know how many humans would have been rich/ wealthy if they taught us that in school ??

@theboringtrading Год назад

School want you to become a loyal employee. Don’t want you to become millionaire

@natesamadhi33 Год назад

lol school just wants you to be a good robot for the elites. of course they wouldnt teach this stuff in public school

@BuffKangaroo1 Год назад

@@theboringtrading correct

@kandisher3258 11 месяцев назад

Ok! You're the first one to explain simple and in layman's terms. Thank you!

@DannySully 11 месяцев назад

I’m so glad to hear that thank you!!!🙂

@TerryClothing Месяц назад

You can never say never to opportunity like S&P 500 ETFs, SPY which is up. I’m being instructed by an intelligent investor to buy more anytime it drops, cashing up along the way on every moves, also incorporating new stocks.

@davegustavo4726 Месяц назад

SPY, IVV, VOO hitting the scene so far. These ETF's doing just fine.

@bernardrodrigo7121 Месяц назад

There’s much uncertainty now, my question is what stocks can be the next wave in terms of growth for the next decade?

@TerryClothing Месяц назад

Stocks is not only about anticipating moves based off trends but anticipating through participating behind real top performers and attain how they execute perfectly. coach Frost hilda take good care of my holdings giving me an edge to successful interest.

@jessicamegan5850 Месяц назад

l've been getting suggestions to use a proper enlightened top tier, please help, I will settle for a similar term just to ensure I get it right this time.

@ChefDave5 Месяц назад

I just opened a roth. Im 19. What should i buy?

@TonyB001 10 месяцев назад

Absolutely killer breakdown . Nice job Danny

@DannySully 10 месяцев назад

I appreciate that a ton, thank you!

@qviva24 10 месяцев назад

I’m subscribing! Love the detailed explanation

@DannySully 10 месяцев назад

Thank you so much!! :)

@sweetblossomrose1 9 месяцев назад

Thank you so much. Really helped this newbie.

@DannySully 9 месяцев назад

Of course! I'm glad to hear that :)

@akin242002 Год назад

Best Fidelity Index mutual funds: - FXAIX (S&P 500) - FZROX or FSKAX (Total USA fund) - FSPGX (Large cap growth) - FSSNX (Small cap blend) - FLCOX (Large cap value) - FXNAX (USA bonds)

@saephan34 Год назад

Do you own all of these index funds?

@akin242002 Год назад

@@saephan34 I own some, but not all. I have researched them deeply. I only own FXAIX and FSSNX in my 401k.

@flumpmindset Год назад

@@akin242002 I'm new to this, do you have any recommendations to where I could find reliable, digestible research? Sometimes news articles and some descriptions online are hard to comprehend

@akin242002 Год назад

@@flumpmindset It's difficult to find sources without excessive jargon and academic focused. Here are some I found useful: - Reddit r/invest - Investopedia - TD Ameritrade youtube education section. The latter 2 are more academic. Reddit r/invest can turn into a Boglehead 3-fund portfolio fan club, but their advice is solid.

@piligrimius82 Год назад

Add money market fund to it - it is almost 5% today with no risk going down

@lizc.3142 10 месяцев назад

This was so helpful Thank You!

@DannySully 10 месяцев назад

Thank you so much!! :)

@amourmtungo623 9 месяцев назад

Great knowledge, explanation and information. Thank you 🤝

@DannySully 9 месяцев назад

I appreciate that a ton. Seriously, thank you!

@aprilwhite7232 Год назад

For me to know absolutely nothing about investing to feeling extreme confident after this video speaks volumes in your ability to teach. Thank you.

@DannySully Год назад

Wow thank you so much for your feedback. That means so much to me! I’m glad to hear that!!

@bash2268 11 месяцев назад

@@DannySully please how to open index funds can you send me the link

@matthewogundeyi8447 11 месяцев назад

Giving you a solid 5 stars Danny. I’ve all my 401ks with Fidelity and I’ve also opened an IRA with them to invest in for almost a year now with no funds in it yet. This video is exactly what I’ve been looking for. Thank you! 👏

@DannySully 11 месяцев назад

Thank you so much, that means a ton to me to hear that!

@YourVegasRealtor 11 месяцев назад

This is one of the best and most comprehensive videos on how to get started or rebalance your portfolio. Thanks Danny for the great info. New subscriber!

@DannySully 11 месяцев назад

That means so much to me, thank you!! I’m so glad to hear that!

@jessicasquire 11 месяцев назад

Only daydreamers try to get an LLC without an adviser !!! It’s such a blessing that my husband and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what he lacks, he’s great at what I lack and we have an Adviser to work with. Praise God!! And thank you for the awesome content!

@patrickbrussels4454 11 месяцев назад

That is so amazing, I’m trying to get LLC at 40. I wish at 55 I will be testifying to similar success with my partner.

@jessicasquire 11 месяцев назад

The only way I was able to scale through all of this without stress was by working with a financial adviser. My adviser *STEPHANIE KOPP MEEKS* has always had my back all through the process of property investment and investing in general. You can glance her name up on the internet and verify her yourself. She has years of financial market experience.

@patrickbrussels4454 11 месяцев назад

Okay, Thx. I found her web page

@eloyreno 11 месяцев назад

This scam comment thread is fucking hilarious 😂 fucking losers

@key7007 10 месяцев назад

It is the first time I see one of your videos and I subscribed! I’ve been looking for a simple explanation just like this one for a while! Thank you for taking your time and making the info easier to understand!!! ❤

@DannySully 10 месяцев назад

Thank you so much!!! It means so much to me to hear that! The reaction on peoples faces when I tell them how long it took to make that video and even most of my videos is just hilarious hahaha. Thank you for your comment, that is very nice of you :)

@Mustafa-yc9zh Год назад

thank you! Easy to understand, great visuals, and appreciate the comedy!

@DannySully Год назад

Of course! Thank you for your words, I appreciate that and am glad to hear that!

@krissyrivard7485 9 месяцев назад

This was incredibly beneficial and easy to digest, keep up the great work!

@DannySully 9 месяцев назад

Thank you! I will do my best 🙂

@mikinyc 7 месяцев назад

I'm totally an amateur about investment but after I watched your video, finally I could go forward with my Fidelity account! Thank you!!

@DannySully 6 месяцев назад

That's great to hear! Thank you!

@12Soldieroffortune12 6 месяцев назад

Thanks Danny... You covered Fidelity funds really welll... I might keep coming back here to refresh my knowledge.

@DannySully 6 месяцев назад

Thank you! That’s means a lot to me and I hope you do :)

@Moneymagnet1215 7 месяцев назад

Thank you sir for simplifying things you are a great teacher. I will continue to follow and learn and build wealth.

@DannySully 7 месяцев назад

Thank you so much! That means so much to me seriously! I will continue to do my best as far as content and helping others learn and gain the knowledge to build strong wealth!

@junkandthangs Год назад

what I learned in this video… is that I can reinvest my dividends from any of my index funds to any one particular index fund, I thought it could only drip back into that same index fund. This is definitely a game changer for me. Thanks

@DannySully Год назад

@chrisdenetso648 Год назад

Thank you for the detailed video and explaining the concepts very well with the added benefit of providing clear advice on how to approach our investments. I’ve watching similar investments videos and they explain it but never really advise how to approach it like you have. Great job!!

@TamarDinkle 10 месяцев назад

The financial markets are full of opportunities, but I’ve learned a lot over the past few years. The key is knowing where to focus and also having a good mentor. like mrs ann fiocca.

@emilysuarez-wc6jq 10 месяцев назад

INVESTWITHFIOCCA❤ @Lychell

@JMRN22 8 месяцев назад

Thank you so much for this information 🙏

@DannySully 8 месяцев назад

Of course!!🙂

@moiselj19 10 месяцев назад

millions dollars worth of INFO in just 1 video. Thanks for sharing so much knowledge👏🏾🙏🏽

@DannySully 10 месяцев назад

Dang that means a lot to me, thank you!! I will continue to do my best :)

@sonya8288 8 месяцев назад

This is great information. Very detailed and well explained. Thank you so much. 🙏😊

@DannySully 8 месяцев назад

Thank you so much, that means a lot to me!!

@AntonioHernandez-xh8lj Год назад

Thanks for clearing up the whole process. This is reassuring as I start my investment journey!

@DannySully Год назад

Thank you! I’m glad to hear that!!

@user-vc9tf6bw4s 6 месяцев назад

This is so helpful. Exactly what I needed. Thanks. This is so helpful. Exactly what I needed. Thanks.

@DannySully 6 месяцев назад

I'm glad to hear that, thank you!

@selintimur9722 Год назад

Would it be silly to only have investment in the S&P 500 and to keep putting all your money invested into that? If you can’t tell, I’m risk averse.

@saturnsmoothie 11 месяцев назад

I’ve been watching a lot of your videos on Roth IRAs and index funds, and I really appreciate how clearly you explain everything, it has taken a lot of the anxiety out of finances and investing for me. I have a question - if you’re trying to grow your Roth IRA with index funds, do you reinvest your earnings back into the index funds or do you deposit them into the Roth IRA? I’m a little confused on that because I understand how Roths and index funds work separately, but I’m not sure how they work together. Thank you so much for making these videos!

@DannySully 11 месяцев назад

Wow that means so much to me you have no idea. I’m so happy to hear that, thank you! And with index funds in a Roth IRA reinvesting your dividends is optimally to have additional compounding on your investments. If you decide to not reinvest then you will be having cash sit in the account until you take further action. Dividend investing for income is typically for taxable accounts that use it for an income source where a Roth IRA is for max growth since you get the best benefit of all… no taxes on gains!! The function of an index fund is the same whether it is a Roth IRA or a traditional brokerage account. But the difference is your goal. Whether you want an income source from dividends or to see more growth from your investments. I’m not a “financial advisor” lol, but reinvesting is the most logical approach for everything unless you truly want dividend income to use or even live off of. I hope this helps and I’m so happy to hear you are benefiting from my content! :)

@sweetblossomrose1 9 месяцев назад

God. You should write a book. Thank you. This morning I had no idea what an index fund was or why it even existed. Now I understand.

@DannySully 9 месяцев назад

I eventually would love to write one! Thank you for your kind words, it means a lot to me to hear someone benefit from this.

@jnordman86 Год назад

12:16 to revisit when I get back home, instructions on telling Fidelity how to reinvest mutual fund dividends & Capital Gains

@DannySully 11 месяцев назад

Great section to point out, nice!

@miirajhaji4928 Год назад

Is there an option in Fidelity to pick specific stock to make my own ETF instead of buying one of the existing options you mentioned

@jfrink1 9 месяцев назад

Thank you for making this video.

@DannySully 9 месяцев назад

Of course! (:

@niviamedina1274 Год назад

Hi!! I am understanding everything pretty well but have one question. When you go to purchase the Fidelty 500 Index Fund it says that it is $130.52. What is this price indicating? I see that you use $100 to invest in it, but how does it work if the index fund costs more than that? Also, with the cash you have "available to trade" that is coming from your Roth IRA, is this because you had that amount in your account, or because this is the interest that you have from that account? Thank you so much for these videos, you're doing God's work.

@theuriah01 Год назад

There's an to trade by shares or dollars. Effectively buying a fraction of a share. 😉

@lindareilly8706 10 месяцев назад

Thank you for your expertise. I am 63 wanting to take my SS at 66 so I am interested in the Index funds. This was so helpful bc I could never survive on just my SS.

@DannySully 10 месяцев назад

I'm glad to hear that you found the video helpful! :)

@TheTulsaTrucker 11 месяцев назад

With consistent content you will easily become a large channel. You have a hart of a teacher!! Keep up the good work. Fidelity is my preferred platform for investing.

@DannySully 11 месяцев назад

Thank you!! That means a lot to hear that. I am working on it, and agree it is an amazing platform.

@marisolj24 4 месяца назад

This breakdown is top tier. Thank you sir 🙏🏼

@DannySully 4 месяца назад

Much appreciated! Thank you :)

@agirmaus-lh9zi Год назад

This is so helpful. Exactly what I needed. Thanks

@DannySully Год назад

I’m glad to hear that! Thank you!

@dumisas 10 месяцев назад

Whats the difference between what you have discussed here and SPY index fund?

@DannySully 10 месяцев назад

These are Index based mutual funds where SPY is an index based ETF. ETFs This video can better help you understand the differences between mutual funds, index funds, and etfs. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_Oz_l3GQxhU.html

@leahgluck9524 4 месяца назад

Really very helpful, thanks so much

@DannySully 4 месяца назад

I’m glad to hear, thank you!!

@rominao.9941 4 месяца назад

You explained this so well!! Straight to to the point and full of valuable information. Thank you!

@DannySully 4 месяца назад

I love to hear that, thank you very much!

@ryangardner7709 11 месяцев назад

I use Fidelity. This is very informative. Thank you.

@DannySully 11 месяцев назад

Great! And thank you so much!

@65foxy65 3 месяца назад

After viewing this video, I feel confident investing in index funds ( fidelity) instead of having my monies stagnant in my account during absolutely nothing for me. Thank you for the layman explanation

@DannySully 3 месяца назад

I'm glad to hear that, thank you!!

@3baashandmadesoaps937 Год назад

Great video, by far the best one that I’ve seen so far. I’ve been looking into investing for quite sometime now but all the videos that have came across had me more confused if anything. Thank you so much for literally breaking it down. I subscribed and shared your video with other family members. God bless you!!

@DannySully Год назад

Thank you so much!! That absolutely means so much to me to hear that. I hope to continue making an impact for you and others!

@3baashandmadesoaps937 Год назад

@@DannySully you’re welcome and please keep up the good work! God Bless

@DannySully Год назад

Thank you!

@lanaslv32 7 месяцев назад

Hey Danny if i starts with Investing do I need declare also? On February? Do u have classes on how to do for beginners please.

@HarrisTX Год назад

What about FZROX and FZILX that charge zero fees?

@reymore1060 7 месяцев назад

Can you make a video about exchanging funds in fidelity? Example Instead of selling just exchange, pro and cont ,, thanks a lot for your videos

@DannySully 7 месяцев назад

My next video is going to be a complete tutorial on how to use fidelity. I hope that includes what you are mentioning exactly. If you plan to exchange a lot, etfs may be the better option since you don’t have to wait as long to buy/sell.

@momwithaphonekitties3248 11 месяцев назад

So if I have a 57 how would I allocate that in percentage to the top 6

@melissaforero6071 Месяц назад

Newbie at investing and found your video SO helpful and easy to digest!!!! Thank you! Subscribed!

@DannySully Месяц назад

I'm glad to hear that! Thank you so much for your support!

@JosephineGaule 9 месяцев назад

These are fantastic takes, I feel exceptionally lucky I started investing in my early 30s and consistently compounded my income via assets to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific lnvestments mainly savings account, stocks, ibonds and high yield dividend funds. Forever grateful to my adviser Olivia Rene Reyes. Passive income is mandatory for building long term wealth.

@michaelgraham19871 9 месяцев назад

Consistently investing in quality dividend paying companies over the long term is a relatively easy strategy to create generational wealth

@gagnecaron658 9 месяцев назад

out of curiosity I did read about Olivia Rene Reyes on the web, she has a great resume

@harleycartley3138 9 месяцев назад

I'm happy there are lots of people doing so well...Love this channel for the transparency

@ericwilde4583 9 месяцев назад

Found her webpage by looking up her name online. She seems very proficient, i'll be writing a mail to her shortly.

@ducklingphallus 7 месяцев назад

Lmao! If you're a human and you're reading this, PLEASE do not fall for these BS bot comments. "ErRrr I contacted Olivia helped me blah blah blah you should totally give her all your personal info" Hahaha oh please. Piss off.

@DrMikeTh Год назад

Thank you. Great info and well done.

@DannySully Год назад

Thank you so much!

@richardr1627 10 месяцев назад

Are there bond index funds

@DannySully 10 месяцев назад

Yes there are!

@louweesee 7 месяцев назад

super informative. thank you!

@DannySully 7 месяцев назад

Thank you!!

@jeremiahm1413 3 месяца назад

Excellent explanations and graphics. Take my subscription and like it!

@DannySully 3 месяца назад

Thank you so much!! That means a lot to me :)

@devarwisdom1468 4 месяца назад

Thank you for this video it helps me understand everything I didn’t know.

@DannySully 4 месяца назад

I’m glad to hear that! Thank you!

@nacho-man1063 3 месяца назад

Thank you so much for this information!

@DannySully 3 месяца назад

Of course! Thanks for watching :)

@nacho-man1063 3 месяца назад

@@DannySully hello Danny. My name is Al, do you have time for few minutes one on one chat or email conversation. Im from Massachusetts and I just got my self involved with trading. Thank you.

@ed676 Год назад

Great job presenting this material! You got me thinking haha so I decided to look at the performance of my funds in two different Fidelity accounts. I have 2 different index funds & they both easily outperformed all other investments. You are spot on!

@DannySully Год назад

Thank you so much Ed, that means a lot to me to hear that!

@CherryGlucose Год назад

Thank you for the valuable information. If you invest dividneds into Directed are you also being taxed ?

@DannySully Год назад

Yes, it only changes if you have a non taxable account like Roth IRA

@nathanhearn8914 11 месяцев назад

Just the video I was looking for! Can you set up to have dividend payments auto reinvest with fidelity ?

@DannySully 11 месяцев назад

Thank you! And yes you definitely can have dividends auto reinvest

@dianedo8314 9 месяцев назад

We have fidelity for our 401K and now will reach out to talk about my specific retirement account. I will be 56 soon and not sure how my target date looks for me to retire comfortably, especially SSI going away despite my 34+ years of work and may not be able to collect when my FTA arrives. I also started to dabble a bit using Robinhood but need to be more invested in my research in my retirement at work so this helps -Thanks!!

@DannySully 8 месяцев назад

Of course! And that's great, I personally think Fidelity is one of the most professional ones to use and I'm happy to have my Roth with them.

@ConradGosling 10 месяцев назад

My portfolio is drastically declining, I've lost roughly $320k in a short period of time, and I no longer feel secure in choosing stocks. Do I truly have no alternative ways to profit from the stock market?

@roseroland1998 10 месяцев назад

It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.

@stevensmiddlemass2072 10 месяцев назад

@@roseroland1998 Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

@stevensmiddlemass2072 10 месяцев назад

@lloydbernard5847 There are a lot of independent advisors you might look into. But i work with Stacie Kristal Weber, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@amgooder 2 месяца назад

😮 go index fund!

@glyphiize8198 7 месяцев назад

This is a great video! I was wondering if you have a video already explaining how to set up a Roth IRA account and explaining how it works, and how beneficial it is as well. I’ve heard it’s something important when it comes to retirement, but I’m not necessarily sure on the rules that it comes with. Another thing, what’s the difference between Roth IRA and HSA?

@DannySully 7 месяцев назад

Hey! Thank you for your kind words! I actually have created a video I believe covers everything you are asking about Roth IRA’s. HSA’s differ from Roth IRA’s and I was actually thinking to make an HSA video as one of my next posts. I will try to work on that for you. Both great resources to take advantage of! Below is the Roth IRA video as well, hope it helps you out :) ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-c6PYuGZ8-dc.htmlsi=QV8WR6JvqAqtjkpO

@hikariz6830 Год назад

I've seen so many videos and you're the only one I understood! THANK YOU

@DannySully Год назад

That means so much to me, thank you!!!!

@phillipellingson8556 7 месяцев назад

Hi Danny. Do you have any video on how to rebalance a Fidelity account?

@DannySully 7 месяцев назад

Hey! So i have not created a full video on rebalancing with Fidelity. The closet I have created is in the video I'll have linked below where I discuss a balancing overview. To skip to that particular section that is about 2-3 minutes, I have timelines in the description that will direct you straight to it. Hope this helps! Thanks for following my content :) ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-L1rVeu-uqv4.htmlsi=_MA0aordpCQp9o7C

@oksanalipinchuk5251 5 месяцев назад

How do I add the 401 k to Fidelity please

@gusrojas4508 Год назад

Awesome amigo better explain than fidelity reps. Thank you.

@DannySully Год назад

Thank you for your kind words!

@supahjay Год назад

The video I been in search of, thank you. New to the game of investing and got a Fidelity account set up, but all the differences has left me confused in how to invest my money, this video helped me into picking mutual funds that will help my money grow.

@TamarDinkle 10 месяцев назад

The financial markets are full of opportunities, but I’ve learned a lot to doubt that over the past few years. The key is knowing where to focus and also having a good mentor. like mrs ann fiocca.

@TamarDinkle 10 месяцев назад

@lychell INVESTWITHFIOCCA💯

@stevemosley4084 Год назад

Great breakdown man best I’ve seen keep it coming question though is there some good index funds that pay monthly dividends? I’m new to all of this thanks

@DannySully Год назад

Thank you that means a ton to me! And yes there are options out there that you could find. I am actually thinking to make a video on that as one of my next ones.

@morikagopaul7234 21 день назад

Thank you for this video 😊 Is it possible to transfer the FXAIX earnings into a personal checking account?

@DannySully 21 день назад

Thank you so much! And no unfortunately it has to be either reinvested in the same security, directly deposited to the core account, or directly to another index mutual fund from Fidelity. If you're curious, you can see this by going to manage dividends on the positions page and scroll into the investments such as FXAIX and look at the opportunities for the distributions and where they can be directed.

@Kevinw4040 Год назад

This video explains a lot. I have my 459 acct split between FXAIX and Vitax.

@DannySully Год назад

Thank you! And nice!

@fabricioalmeida348 6 месяцев назад

Just subscribe,thanks for the video!

@DannySully 6 месяцев назад

Thank you!! :)

@iCharmCity410 Год назад

Very good video explaining Fidelity index funds. I've subscribed!

@DannySully Год назад

Thank you! I appreciate that so much!

@theuriah01 Год назад

I agree with everything EXCEPT for buying bonds. Absolutely zero bonds.

@Shu_Shu718 11 месяцев назад

Hi, I just transferred more money to the account. How do I buy additional shares of a index fund I already own?

@DannySully 11 месяцев назад

Hi there! I'm happy to hear that. You can search in the top right of the website platform the specific index fund you want and you can select how much you want to buy. Or you can select the index fund you already own under the positions tab on the platform and select the buy button to fill out how much you want as well. Hope this helps :)

@Shu_Shu718 11 месяцев назад

@@DannySully much appreciated!

@lisemakoso3349 6 месяцев назад

First-time to see your video, and I just subscribed. Wants to learn more about index funds from your channel before i can open a brokerage account. Thanks for the valuable information you shared in this video

@DannySully 6 месяцев назад

Thank you for your kind words, that means a lot to me :)

@tinop414 11 месяцев назад

You recommend doing all.of these 6 at the same time?

@DannySully 11 месяцев назад

I'm sorry I can not recommend you do anything specifically, it is just a generic guide for better understanding. I think you will find this video (link below) to be a much easier and better way to start if you are new. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-L1rVeu-uqv4.html

@warnercerbito6096 3 месяца назад

You're the best man, thank you.

@DannySully 3 месяца назад

Wow, thank you! That means a lot to me!

@dollified100 Год назад

You’ve explained this so well. Thank you. I’ve already saved Fidelity 500. I will listen to your video again.

@DannySully Год назад

Thank you so much, I appreciate you telling me that! 👍

@excruciatorFOUR Год назад

Thanks a lot for this info! It really helped me kickstart my investment journey ❤

@DannySully Год назад

I love to hear that, thank you so much! 👍

@iManual 5 дней назад

What are the age and financial requirements to begin investing with Fidelity? And what to you recommend? Loved the video btw tysm :)

@DannySully 5 дней назад

Great question! So you can start with a typical brokerage account at the age of 18. If you are younger than that, you'll have to start a custodial account and have a parent or legal guardian sign off. Roth IRA is 18 but you can earlier as well. And the decision depends on your own situation, and what you have going on! A typical brokerage account is the standard for a regular investing though. Thank you four your kind words, i really appreciate it!

@WilsonAbrego 4 месяца назад

I am 37 years old and feel like I am way behind, however watching this video gives me some guidance. Clean, informative and straightforward. Keep it up!

@DannySully 4 месяца назад

You are definitely not behind! You have so much ahead of you! Start now and keep up with it. And thank you for your words, I really appreciate that.

@WilsonAbrego 4 месяца назад

@@DannySully Just opened my fidelity account and transferred some money. I will start investing soon. Gonna watch this video a few more times to understand better. Thanks again.

@Saneliso_Mamba Месяц назад

@@WilsonAbregohow do you go about this. Opening the account and stuff. I'm 21 and I want to start too

@WilsonAbrego Месяц назад

@@Saneliso_Mamba follow every instructions of this video. Put money aside every time you get paid. It’s not much in the begging but over time things add up.

@laura_argsyan 13 дней назад

Thank for the video 🎉

@DannySully 13 дней назад

Thanks for watching :)

@gabrieljacob5544 5 месяцев назад

Thank you so much 🙏

@DannySully 5 месяцев назад

Of course!!

@georgecastro181 Год назад

You did a great job young man on your video post however, I don’t like the return on some of the index funds you suggested to purchase!🤔🤔🤔

@xymonatanacio3738 Год назад

very helpful keep it up! waiting for the next video!

@ebells33 Год назад

Wow, the way you explained this in basic terms and using the grocery store example was perfect!! Appreciate it as I'm just learning.

@DannySully Год назад

Thank you! I love to hear that, that means a lot to me. I’m glad it helped.

@isaiahcarrell1063 Год назад

Thank you man, I’m working towards becoming financially literate and this it a great help

@DannySully Год назад

That's awesome! And thank you, I appreciate that a ton!

@jasonnguyen7999 5 месяцев назад

What is the smart man thank you ! I am learning . I’m 53 years old should I pick index fund right?

@DannySully 5 месяцев назад

Thank you! And that's a personal preference. I personally love index funds because of the diversification of historical results they have proven to achieve though.

@kittynoodle254 8 месяцев назад

Super helpful video thank you

@DannySully 8 месяцев назад

Thank you so much!

@brooke8888 Год назад

If only Fidelity advisor explained it this clearly 🤨

@adamdafoe3404 7 месяцев назад

Would you recommend s&p 500 or S&P total market index ? Pros and cons?

@DannySully 7 месяцев назад

I can not say exactly since it depends on ones own position but I believe whatever makes you most satisfied to have long term and not change thereafter is best. If you do the sp500 only, realize that there are additional stocks like small and mid cap out there to help gain exposure for your portfolio. Overall, I think allocating in multiple areas is the best for an overall portfolio. I hope this helps! Thanks for following my channel :)

@ria_dawn Год назад

Saw you while driving! Instant sub!!

@DannySully Год назад

No way!!! That’s awesome thank you so much!

@nicolewadley1987 Год назад

Also, I noticed Fidelity Gov. Money Market (SPAXX) appeared randomly in my portfolio. After doing some research, I discovered it’s a taxable account which accrues interest on any uninvested cash that sits in the account. Is this true even though it’s within a Roth IRA (tax free account)? If so, would you recommend “reinvest in security” or “direct to another mutual fund” for SPAXX under manage dividend & capital gains? Sorry for so many questions . I just feel you’re great with explaining so one can understand.

@DannySully Год назад

Hey Nicole, I love the questions thank you so much for reaching out in regards to this. Surprisingly enough, I just uploaded a whole video covering money market funds. The interest you earn will be taxed. But if you are in a tax free account you do not pay taxes. The only way out of this in a taxable account is a municipal money market fund (discussed in video). Where you want it reinvested is up to you and what you personally would like out of it. I'm sorry if I missed anything, please let me know if there is anything else!

@nicolewadley1987 Год назад

@@DannySully I will check that video out as well, thank you !

@DannySully 11 месяцев назад

Thank you!

@sheroken10 5 месяцев назад

Great contents and explanation

@DannySully 5 месяцев назад

Thank you!

@danixadelgado6523 Год назад

Day 1 learning on investing and the details on your video help so much !! 🙏 thank you

@DannySully Год назад

I’m glad to hear that! Thank you!

@bygrisharaven4805 Год назад

That’s interesting! Welcome aboard!! And how is ride sofar?

@miguelsoria1989 Год назад

Same

@bygrisharaven4805 Год назад

@@miguelsoria1989 How is the journey going sofar?

@mercylozado2136 4 месяца назад

I have it with vanguard can you make one video with the same explanation but using a vanguard acct

@DannySully 4 месяца назад

That's amazing you have asked because I just made this video on ETFs not too long ago! I'll have it linked below: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-qKhpxXyQ4AQ.html

@oky9653 11 месяцев назад

How to set up

@thefinalorder3532 2 месяца назад

Is it worth it to buy real estate portfolios on fidelity?

@prestonsmith4842 9 месяцев назад

Okay not sure what I am doing wrong, when I go to trade and do mutual and look for what I want to buy when I go to purchase it showing a violation or penalty

@DannySully 8 месяцев назад

What is the exact message? Maybe you don’t have enough funds or it’s a reminder the market is closed and it will get the next market close. Did you get this solved?

@KhemistryIBMOR Год назад

Good video. Very knowledgeable.

@DannySully Год назад

Thank you

@eldersprig 10 месяцев назад

The S&P500 fund and the Total US Market fund will do essentially the same thing in your portfolio. Their performance has been very similar. Choose one or the other not both.

@DannySully 10 месяцев назад

You are correct! The only difference is exposure to small and mid cap companies.