SPAXX vs FDIC vs FDRXX – Best Fidelity Core Position?

The quick answer It doesn’t matter because you shouldn’t be holding cash in your Roth IRA anyway. So just pick SPAXX and go on with your life. 😀 Longer explanation If you’re using Fidelity, you might see a button like this: That looks tempting, so you click on it and see something like this: So […]

The layers of investing: Why “IRA vs Index Funds” doesn’t make sense

I think getting these different “layers” confused is the absolute number one most common confusion in investing. So let’s walk through what happens when you invest.⁣⁣1. You go to a brokerage website (e.g.⁣2. You open an account (e.g. a Roth IRA)… now your Roth IRA is with/inside of Vanguard.⁣3. You contribute money to your […]