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185

Opened a fidelity roth IRA account

For many months, once a month, it pulled out $50 from my checking out.

This accumulated to $2500, the minimum to start investing (via fidelity).

I bought into the fidelity 500 index fund.

I've made about $100 in a couple weeks doing absolutely nothing.

I'm sure the market will drop at some point. Can't be discouraged, but must invest wisely.

Would recommend.

Opened a fidelity roth IRA account For many months, once a month, it pulled out $50 from my checking out. This accumulated to $2500, the minimum to start investing (via fidelity). I bought into the fidelity 500 index fund. I've made about $100 in a couple weeks doing absolutely nothing. I'm sure the market will drop at some point. Can't be discouraged, but must invest wisely. Would recommend.

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[–] • 3 pts

Good to always remember that you own "shares" of a fund or stock, that happen to be worth a particular dollar value at any given point in time; you only "lose money" if a) you sell below what you bought it for (and IMO if you sell it for less appreciation than the risk-free rate) or b) the company (stock) or mutual fund company (fund) goes bankrupt (the latter highly unlikely).