Tech Industry
Yesterday
2009
Net worth crossed 2.5 M today
Tech Industry
7h
228
Why is Tesla rallying?? Should I cover my margin call again?
Tech Industry
Yesterday
1126
Blind is lying about Bay Area?
2024 Presidential Election
7h
817
My Wife's Boyfriend Is Forcing Me To Vote For Trump
Tech Industry
5h
806
Finally hit the mythical $1M mark
I’m about to open a Fidelity brokerage account but I’m not really understanding the core positions. It seems like SPAXX and FZFXX are the same thing. Are either recommended over an FCASH core position? I don’t plan to let money sit in the core position but if it happens I want to know which is best. #investments #personalfinance #fire Also would love to know what everyone usually uses
Both core positions are fine for short-term holdings. I would prefer SPAXX because of a few things like expense ratio and net assets. I found this article very useful for deciding: https://www.inspiretofire.com/spaxx-vs-fzfxx/ Hope this helps!
How much are you planning to have in there?
I’m planning on starting small, this my first time really doing any investing. At most $2000 before I use it to purchase stocks or options.
Doesnt matter what you use. Thought we are talking about 2m If you have 2m. I think fzfxx is better cuz of the interest rate. But we are talking about .01 difference.