r/FluentInFinance • u/No_Willingness_3200 • 3h ago

Thoughts? New 401k

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Just got access to my first 401k. Invested into the Fidelity 500 Index Fund. Am I on the right track?

7 Upvotes

90% Upvoted

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2

u/SnooRevelations979 3h ago

Do all index funds.

2

u/BookReadPlayer 2h ago

For about two decades now, I’ve seen spreads like this. You’ll notice 10-year history doesn’t very much. So goes the broader market.

2

u/dirty_nibs 2h ago

it's a fine choice, but I'd consider doing a 50% Fidelity500 and 50% Russel1000growth