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Posted: 4/2/2014 12:38:41 PM EDT
I have a Roth IRA that I opened a last year through scottrade. I opened with the intent of picking individual stocks, but have decided against that approach and am now looking at ETFs to invest in. Any recommendations? I would like something fairly aggressive as I am somewhat young, 32 to be exact. Thanks for the responses.
Link Posted: 4/2/2014 1:50:26 PM EDT
[#1]
I like RSP.  It is the equal weight S&P 500 fund.  

Unlike SPY, the regular S&P500 fund, it holds equal portions of all of the 500 stocks.

Since smaller stocks usually grow faster than large stocks, it usually, (not always!), out-performs SPY over long time periods.

Another place to look is EES.  There are several good Wisdom Tree funds, this is the one I have been buying.

I use E*Trade, and there are no commissions for this fund, and quite a few others.  Every penny saved helps a little bit.
Link Posted: 4/2/2014 7:16:15 PM EDT
[#2]
Check out:

VTI - Vanguard Total Stock Market ETF (a total market ETF should be a bit more aggressive than an S&P 500 index ETF). .05% ER

VO - Vanguard Mid-Cap ETF (more aggressive still, probably not something you want your whole portfolio made up of) .10% ER

There are also some pretty affordable total market and S&P 500 index funds out there if you don't want to hassle with always having to buy whole shares as you will with ETFs. Consider:

SWTSX - Schwab Total Stock Market Index Fund, $100 minimum initial investment and .09% ER

FUSEX - Fidelity Spartan 500 Total Market Index Fund, $2,500 minimum initial investment and .10% ER

VFINX - Vanguard S&P 500 Index Fund, $3,000 minimum initial investment and .17% ER

hope that gives you some ideas

Link Posted: 4/3/2014 2:26:37 AM EDT
[#3]
I like Vanguard funds. One of my core holdings is VDIGX.



I have a chunk in VTI and VYM.



Also look at the Ivy Mid Cap funds. WMGAX and WMGYX have done well for me.

       
 
Link Posted: 4/3/2014 10:48:12 AM EDT
[#4]
Smart decision on avoiding single stocks. They are the quickest way to make money and the quickest way to lose it. I like investing not gambling.

I buy almost exclusively vanguard funds. They have low fees and are ran well.

I do the mutual funds and not the etfs so I don't know the tickers off the top of my head but total stock market, and total international should make up the bulk of your portfolio. I have 80% of my money in these two funds. The other twenty percent I put in things I like at the moment which are still vanguard funds but are sector or market cap specific.
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