I keep up with most of the dumpster fire that is current US news but I’m sorta lost on this one. I contribute to my 401k every week and have a few thousand saved up, as well as stock in the company I work for. Is all of the bad news referring to the stock market crashing? Is this general across the board or more company-specific? I consider myself decently politically educated but not so much economically.

  • @Sc00ter@lemm.ee
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    fedilink
    26 days ago

    In addition to the target date funds, there are some very basic funds through every broker. Some big ones like SPX and QQQ track directly with the s&p and NASDAQ. Every etf will have a theme (tech, biotech, industrial, energy, etc.) And should have a short description on them. Find something that fits your fancy if you have an industry you really believe in

    • Selyle
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      fedilink
      26 days ago

      Yes yes! Thank you! When I was looking into Fidelity’s target funds I found ones labeled as mutual funds that sound super similar to what you described. I looked through the different industries and put some money towards those! I also just read into the difference between the two and will definitely be researching some ETF to invest into.