Hello all, thanks for stopping by!
I’m getting my ducks in a row lately, so naturally I want to figure out the best way to maximize my money. I’m very new to all of this, so questions keep coming up.
I have a 401k through the company I work for, I have a Roth IRA (target date fund) that I’m max’ing out, and now I still have money in my savings account that I want to do something with.
If I want to basically just use dollar-cost averaging within “safe” mutual funds (sorry if this isn’t the right term here), would the next step be to open a brokerage account and set this up manually?
Basically, I’m wondering if I should either…
A) Get started with a Fidelity Personalized Planning and Advice account so that they can help guide me/get me set up assuredly.
B) Based on my thoughts above (brokerage account, mutual funds, DCA), it sounds like I have a good enough understanding to do this on my own, and avoid the fees attached to the Fidelity planning account.
Thanks as always!