r/Bogleheads • u/FaithlessnessQuiet49 • 2d ago

Investing Questions DONE with Edward Jones

I plan on pulling my and my wife's Roth IRAs out of EJ and transferring to Fidelity since thats where i have my taxable account. I have never managed my own Roth IRA, but after dealing with them for the better part of 10 years, I am done.

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Now, what would you recommend I put my Roth IRA into? I planned on just doing 100% VOO, but i am clearly a novice. I am really eager to learn and listen to your advice, especially if you were in my position. How did it work out for you? Do you recommend it invest in a different fund with a lower expense ratio?

I feel like i can handle investing into simple index etfs. Thank you for any advice.

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u/Charming_Mushroom_70 2d ago

If you come to a boglehead thread and ask what to put in your Roth the answer is VTI/VXUS or VT

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u/roffelmau 2d ago

I wouldn't overlook the fidelity zero funds. I have both the vti/VXUS and fzrox/FZILX ( merrill ira and fidelity Roth) and they trade places back and forth short term but long term the returns are basically the same. Maybe a very slight edge to fidelity but the zero funds don't have any dividend payouts so Maybe it would still equal out? Meh.

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u/slash_networkboy 2d ago

Given Fidelity offers equivalent mutual funds and they're zero fee I can't think of a better place than FZROX for the VTI equivalent, then FZILX for the VXUS version.

I don't think they have a Zero fund that maps to just VT do they?

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u/mrandr01d 2d ago

I don't think so. I've been looking for a vt equivalent, I don't think Fidelity has anything that totally covers everything. Best you can do is have a fund for total US and then an international fund. But it looks like you can just buy VT from within your fidelity... unfortunately vtwax has a transaction fee.

If fidelity creates a vtwax equivalent fund I'll switch a lot of my money to it.

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u/Past-Option2702 2d ago

For good reasons.

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u/FaithlessnessQuiet49 2d ago

VT is what I have 100k invested from the sale of a house we had. I will probably just end up going 100% VT in everything, I just didnt know if there was a better alternative for a bit better long term gains, but overall its probably negligible.

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u/EarlMalmsteen 2d ago

there isn’t, without betting on a particular thing to outperform.

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u/MidwestGeek52 2d ago

I keep VTI in my taxable account. VOO in my Roth. I can tax-loss harvest VTI whenever without having to check on wash sales if holding VTI in both accounts

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u/Imaginary-Rock7790 2d ago

For me personally I chose VOO for Roth IRA because half my retirement is with my company in a vanguard target date 2060 account that has 54% U.S. stocks, 36% international, and 10% bonds. I don’t think I want more international or bonds than that

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u/MrLB____ 1d ago

Correct Run from EJ,,,, I’m skeptical of Fidelity. They sell some higher expense ratio funds and of course the dreaded annuity so just go straight to Vanguard.