I am a new attending and a newbie in investment. I have S-Corp and set up solo 401k and IRA with Fidelity. The funds are currently in cash reserve. I want to invest them but don't know how. I heard about the Three-fund portfolio that would include Fidelity Total Market Index Fund (expense ratio 0.045%), Fidelity Total International Index Fund (expense ratio 0.11%) and Fidelity U. S. Bond Index Fund (expense ratio 0.05%). I also came across the Fidelity Four-in-One Index Fund (expense ratio 0.13%). I am not sure which is better for me.
Does anyone have experience with any of these? Is it better to diversify with 3 or 4 different funds or just simply put all money into Fidelity 500 Index Fund (expense ratio 0.045%)? I am looking for long-term investment. What should I really consider?
Any guidance would be appreciated.
Does anyone have experience with any of these? Is it better to diversify with 3 or 4 different funds or just simply put all money into Fidelity 500 Index Fund (expense ratio 0.045%)? I am looking for long-term investment. What should I really consider?
Any guidance would be appreciated.
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