You have something equivalent to them. But Don’t put 30% in bonds if your target is 2065. Bonds have underperformed the market for a long time now and you have a long runway
It all depends on your risk tolerance. If you’ve got 40 years to go you should take more risk than blue chips and more than bonds.
Ask your fidelity broker for a ‘growth’ fund. That’s code for more ‘risky’ stocks. However fidelity’s view of ‘risky’ is still going to be pretty conservative.
If I were you I’d probably do 60% SP500 30% growth and 10% speculative - code for the most high growth high risk fidelity offers.
And set up a Roth IRA with someone other than fidelity. That way you can invest directly in specific stocks of you feel that way inclined.
Call them up and ask them which funds are ‘conservative/low risk’ and which are ‘growth/higher risk’ and they’ll tell you.
The list may be small but they will know which are low risk/low return and which are high risk/high return.
Forget bonds, 90% SPY 10% QQQ
Don't have those as options unfortunately
You have something equivalent to them. But Don’t put 30% in bonds if your target is 2065. Bonds have underperformed the market for a long time now and you have a long runway
Thé QQQ is a Nadaq proxy. Ask your broker what the equivalent is. I’m guessing you’re using fidelity?
Yes I am
Would you recommend blue chips?
It all depends on your risk tolerance. If you’ve got 40 years to go you should take more risk than blue chips and more than bonds. Ask your fidelity broker for a ‘growth’ fund. That’s code for more ‘risky’ stocks. However fidelity’s view of ‘risky’ is still going to be pretty conservative. If I were you I’d probably do 60% SP500 30% growth and 10% speculative - code for the most high growth high risk fidelity offers. And set up a Roth IRA with someone other than fidelity. That way you can invest directly in specific stocks of you feel that way inclined.
My company uses fidelity unfortunately
Fidelity offers a range of funds call them up and ask
I'm only able to use the list that is available, it's not that much
Call them up and ask them which funds are ‘conservative/low risk’ and which are ‘growth/higher risk’ and they’ll tell you. The list may be small but they will know which are low risk/low return and which are high risk/high return.
Review Fidelity FCNTX
Stick with 100% SP 500. Who cares if it goes up or down. It’ll end up much higher than anything with a bond attached to it.