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"Steps to Begin an IRA Account with Fidelity: Successfully Creating a 3 Fund Portfolio Using Fidelity Funds 📈"


In this video, learn how to open an IRA with Fidelity and how to build the three-fund portfolio aka "lazy" portfolio. VIDEO CHAPTERS 00:00 Overview of Fidelity 01:26 Open an IRA (Roth or Traditional) Fidelity Account 04:05 Build a three-fund portfolio in Fidelity using Fidelity Funds VIDEO RESOURCES ➔Enroll in Investing 101 for First-Generation Wealth Builders - ➔Get Free Stocks with WeBull: ➔Open an Account with M1 Finance: ------------------------------------------ Sisters for Financial Independence (Sisters for FI) covers personal finance, minimalism, sustainability, and motherhood. Let's manage our money better so that we can build a life of impact today and tomorrow. 🔖 Website: 🛒 Etsy Shop: 📈 Investing 101 Course: 📘 "The Money Journal": 📙 "My First Piggy Bank" for kids to learn about saving money: SOCIALS ➔ Instagram: ➔ Facebook: DISCLAIMER & DISCLOSURES: The information presented here does not consider the economic status or risk profile of any specific person. The information and opinions expressed should not be construed as investment/trading advice and does not constitute an offer, or an invitation to make an offer, to buy and sell securities. If you purchase a product or service linked, Sisters for FI may receive an "affiliate commission." We are disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising." Learn more about our privacy and disclosures - ...(read more)



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Opening an IRA (Individual retirement account) is an excellent way to invest in your future. It provides a tax-advantaged way to save for retirement, and there are many different companies that offer this type of account. One of the most popular providers is Fidelity, and in this article, we will walk you through how to open an IRA with Fidelity and how to build a 3 Fund Portfolio with Fidelity Funds. Step One: Choose the Right Type of IRA Before you can open an IRA with Fidelity, you need to decide what type of account you want to open. There are two main types of IRA: Traditional and Roth. A Traditional IRA allows you to deduct your contributions from your taxable income, but you will have to pay taxes on the money you withdraw during retirement. A Roth IRA, on the other hand, does not provide a tax deduction on your contributions, but you won't have to pay taxes on the money you withdraw during retirement. Therefore, choose the type of IRA that best fits your financial situation. Step Two: Open a Fidelity Account Once you've decided on the right type of IRA, you can begin the process of opening a Fidelity account online. You'll need to provide some basic information, including your name, address, social security number, and employment details. You'll also need to choose the type of account you want to open, as well as the investment options you're interested in. Step Three: Choose Your Investment Options When it comes to investment options, Fidelity offers a wide range of funds and investments to choose from. One of the best ways to get started is to build a simple 3 Fund Portfolio using Fidelity Funds. This involves investing in three different types of funds to achieve a diversified investment strategy. The three types of funds include: 1. Total Market Index Fund: This is a fund that invests in a broad range of stocks across the entire U.S. stock market. 2. International Index Fund: This is a fund that invests in a broad range of stocks across international markets. 3. Bond Index Fund: This is a fund that invests in a range of bonds from different sectors and maturities. By investing in all three of these funds, you can create a well-diversified portfolio that provides exposure to different asset classes. You can also adjust the allocation of your investments to match your risk tolerance and financial goals. Step Four: Managing and Monitoring Your Portfolio Once you have set up your 3 Fund Portfolio, you will need to monitor and manage your investments over time. This may involve adjusting your portfolio allocation as your financial situation changes or rebalancing your portfolio to maintain a certain level of risk. Fidelity provides a range of tools and resources to help you do this, including online portfolio management tools and access to investment advisors. In conclusion, opening an IRA with Fidelity is a straightforward process, and building a 3 Fund Portfolio is an excellent way to get started with investing. By following these steps, you can set yourself up for a successful retirement and achieve your financial goals. https://inflationprotection.org/steps-to-begin-an-ira-account-with-fidelity-successfully-creating-a-3-fund-portfolio-using-fidelity-funds/?feed_id=101522&_unique_id=6471309ebf689 #Inflation #Retirement #GoldIRA #Wealth #Investing #3fundportfolio #3fundportfoliofidelity #beginnerinvestinginstocks #boglehead3fundportfolio #fidelityindexfunds #fidelityindexfundsforbeginners #fidelityinvestments #fidelityportfolio #fidelityrothira #fidelityrothirahowtoinvest #indexfundsforbeginners #investing101 #investingforbeginners2022 #investingforbeginnerswithlittlemoney #investinginstocksforbeginners #lazyportfoliofidelity #RothIRA #stockmarket #threefundportfolio #FidelityIRA #3fundportfolio #3fundportfoliofidelity #beginnerinvestinginstocks #boglehead3fundportfolio #fidelityindexfunds #fidelityindexfundsforbeginners #fidelityinvestments #fidelityportfolio #fidelityrothira #fidelityrothirahowtoinvest #indexfundsforbeginners #investing101 #investingforbeginners2022 #investingforbeginnerswithlittlemoney #investinginstocksforbeginners #lazyportfoliofidelity #RothIRA #stockmarket #threefundportfolio

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