How to Invest in S&P 500 Index Funds – Fidelity Investments

Comments (42) on “How to Invest in S&P 500 Index Funds – Fidelity Investments”

1. The screen isn’t scrolled to the right far enough. I couldn’t see the expense ratio and return numbers you were quoting

   1. Zambia95 yes that was my mistake when I cropped out the video, but typically most low cost ETFs expense ratios range anywhere between .04 to 1 percent.

2. Hey thanks for the video. Would you mind elaborating on the process after clicking Buy? I’m not sure what “Order Types” and “Time in Force” means. Thanks 🙂

   1. yup same here lol

   2. Appreciate Video! Apologies for the intrusion, I would appreciate your initial thoughts. Have you ever tried – Rozardner Mind Tricks Reality (should be on google have a look)? It is a smashing one of a kind guide for revealing the trick to get the mind of a millionaire without the headache. Ive heard some extraordinary things about it and my BF at last got cool results with it.

3. This video was very helpful

4. What do you do from here? It can’t be “leave it for 40 years and see what’s there when retirement comes around”

   1. No it is lol crazy right the secret too wealth is time so if your first generation your fuckkkkked

5. Can u make a part 2 or elaborate a bit more on next step

6. Hi this is super beginner question. But how do you even get an investment account? Thank you for your time

   1. Find a Broker like Fidelity or ETrader. Make an account with them. Transfer money into your account and boom you’re trading

   2. Depending on your situation you have a couple of options.

      1. You can open a Traditional IRA or a Roth IRA. People who are in a high tax bracket tend to go with the traditional. If you are in the lower tax bracket, the Roth IRA may be a better choice. Nice thing about IRA is they have tax benefits, but because they offer tax benefits they have withdrawal restrictions and contribution limits. I believe both types have eligibility requirements, so make sure you meet those requirements.

      2. Aside from an IRA, you can open an investment brokerage account. These accounts don’t have withdrawal and contribution limits; however, they don’t offer any tax benefits. These are great if 1) you are maxing out your IRA every year and 2) you may need to withdraw your money in the short to mid term.

      I hope this helps.

7. Great video.
   Could you please talk more about the options once “Buy” is selected. Market order vs. Limit order?

   1. Hi Jose, sorry for the delayed response. Say the stock is selling for $100; if you select market order; the order will most likely execute at $100 per share. However, if you select limit order of say $99. The order will not execute until the stock drops to $99; but also note there is a chance the order will not execute if the price doesn’t go down. I hope this helps.

8. thank you for making this so clear & simple!!

   1. Thanks Nibol, I’m glad you found the video helpful.

   2. @Erick Vazquez After I buy a bunch of VSP, what do I do after? Do I just wait like 40 years without touching anything?

9. I thought that ETF and Index funds were different things.

10. thank u for this. very informative. I do 401k through employer, but someone else manages that. I have just started doing my own stocks

    1. Congrats on starting your own investing!

11. Thank you for this video… I’m new to investing. I’d like to just invest in the S&P 500 index, but I don’t see that in the fidelity online account. Similar to what you found in this video, it seems like there are smaller versions. Is there a way to just buy the generic S&P 500?

    1. The S&P 500 is an index of the 500 largest companies in the US. If I wanted to invest in the S&P500 I would have to buy an ETF that tracks the S&P500 such as SPY, VOO, or IVV.

       I hope this helps.

    2. @Erick Vazquez thanks so much!!!

12. Why did you choose the IVV over the FXAIX? Thanks for the info 🙂

    1. I think it was just an example. This video showed how to buy, not what to buy.

13. Erick, Thank you so much for this video you’ve helped me tremendously!

    1. Thanks Michelle! I’m glad you found the video helpful!

    2. Do you have a instagram page?

    3. @Michelle Aguirre @erickvazquez__ (double underscore)

14. How does your ui look so much more modern?

15. OK, so this video said to buy the S&P 500 ETF but I just learned that an S&P 500 Mutual Fund is better because mutual funds automatically reinvest your dividends, which is essential if you want compound interest.

    1. Where’d you learn that? Just curious if you have the link

    2. “mutual funds automatically reinvest your dividends” – true at least for Fidelity mutual funds, but for other ETFs you get dividends payed back to you and you can automatically or manually re-invest them. It should work absolutely the same

16. Hello Erick, I followed your video with the Fidelity website. I have a Fidelity account. One thing that I did not see are the green star icons which should show commission free ETFs. Did Fidelity remove these icons for some reason?

    1. I think they are all commission free now.

17. Hi I jst purchased s&p 500. What is the difference between etf and mutual fund?? Thx

    1. Sorry for the delayed response. The difference between an etf and a mutual fund is an etf is passively managed and mutual fund is actively managed by a fund manager. In most cases etfs may be cheaper to hold than mutual funds, but you don’t get the luxury of having a professional fund manager of actively watching over the fund. Personally in my opinion etfs perform just as good if not better than mutual funds.

    2. @Erick Vazquez ok. Thanks so much.

18. That was really helpful thanks.

    1. Glad you found the video helpful!

19. One question man, is the IVV ETF better than the fidelity’s s&p 500 index fund (FXAIX)? Because if we compare their fees and share price, FXAIX is more convinient.

    1. Even though FXAIX is a mutual fund.

Comments are closed.