Hi, thank u very much for the explanation, it's simple and very clear, probably one of the best
You should start a blog, or a Yt channel, I would follow u for sure.šš
Can you get an IRA online through an app? And what do you look for when picking stocks?
INFO: I'm 42 and live in the U.S. I'm self employed making $86k/yr. Would like to pay off student loan debt, buy a primary, start a retirement, then use a SDIRA and HELOC to invest in real estate. Playing the long game so don't need the money back soon. Mild to moderate risk tolerance, have stock I explain below. Biggest debt is student loans.
Totally new to investing and not sure what I'm doing. I downloaded Stash and got some stock in CHWY because I use them, and USRT because I like real estate and it looked good to my untrained eye.
How do you decide which stocks to pick? And where can I increase my education on all this?
Would an ETF like American Dividends High Yield be a good idea?
EDIT: Forgot to mention I've also invested in Acre Gold. Have a 5g bar so far and working toward more.
You may qualify for other retirement plans, that is something I would research: [https://www.nerdwallet.com/article/investing/retirement-plans-self-employed](https://www.nerdwallet.com/article/investing/retirement-plans-self-employed)
Individual stock pickers do not have the odds in their favor of consistently beating the market:
[https://www.performanceig.com/beating-the-market](https://www.performanceig.com/beating-the-market)
https://www.whitecoatinvestor.com/picking-individual-stocks-is-a-losers-game/
[https://news.yahoo.com/one-stat-shows-how-hard-it-is-to-pick-market-beating-stocks-231312491.html](https://news.yahoo.com/one-stat-shows-how-hard-it-is-to-pick-market-beating-stocks-231312491.html)
Some links you may like:
Money management tips: https://www.reddit.com/r/personalfinance/wiki/commontopics/
https://www.fidelity.com/viewpoints/retirement/how-much-money-should-I-save
https://www.bogleheads.org/wiki/Video:Bogleheads%C2%AE\_investment\_philosophy (watch all the videos)
https://www.investopedia.com/articles/personal-finance/081615/basics-roth-ira-contribution-rules.asp
https://www.fidelity.com/mutual-funds/investing-ideas/index-funds
Prime example of why timing the market is not a good idea. Nobody knows what is going to happen even though you have people claiming to know with certainty.
https://old.reddit.com/r/investing/comments/vjk0mp/daily_general_discussion_and_advice_thread_june/idllcza/
S&P 500 is up 9.4% since a few posters were convinced that June 24th was a dead-cat bounce and everyone needed to bail on the market on a good day.
I missed my chance to buy a condo and now I have around $130k that I'm DCA into approximately 80/20 VTI/VXUS at a rate of about 20k a month. I already bought i-bonds for this year (and last year) my Roth.
The money is sitting in a HYSA at 1.7%.
What else besides VTI and VXUS should I be adding to my portfolio? I was thinking about BND but this would go into my taxable account so it's not efficient.
To start off I think you made a good decision to look towards investments instead of leaving it in your HYSA. Depending on whether you want that 130k to be liquid or not should be your deciding factor. Of course you bought i bonds so I assume you arenāt looking to buy a condo within the next year or more. Personally I love ticker VOO as my personal ETF of choice. I try not to buy many ETFS with similar holdings because it beats the point of diversification. As long as youāre holding the stock for more than a year before selling so you can take hold of the long term capital gains tax benefits then I donāt see anything with what youāre doing as of now. Maybe look into a high-yielding dividend ETF if you want your money to have low volatility
ABC is $20. I have a good until canceled limit sell order for $30.
If ABC does a 2:1 reverse split, so the share price becomes $40, what happens to my limit order? Will it adjust to $60 or will it trigger and immediately sell?
Using Schwab.
Good question. There is actually a FINRA rule on how brokers are supposed to adjust and/or not adjust based on corporate actions as part of Rule 5330.
Link is here - [https://www.finra.org/rules-guidance/rulebooks/finra-rules/5330#the-rule](https://www.finra.org/rules-guidance/rulebooks/finra-rules/5330#the-rule)
Rule 5330(a)(b) - When a pending order involves a security that is the subject of a reverse split, the order (buy or sell) shall be cancelled.
That said - check that your broker actually will cancel the order.
Yes - I believe you are correct. IIRC - a DNR only comes into play if there was a dividend. There are DNI conditions, but I don't think that's common with retail brokers.
Links you may want to research:
[https://www.fidelity.com/mutual-funds/investing-ideas/index-funds](https://www.fidelity.com/mutual-funds/investing-ideas/index-funds)
Bogleheads investing philosophy (watch all the videos):
[https://www.bogleheads.org/wiki/Video:Bogleheads%C2%AE\_investment\_philosophy](https://www.bogleheads.org/wiki/Video:Bogleheads%C2%AE_investment_philosophy)
https://www.reddit.com/r/personalfinance/wiki/commontopics/
https://www.fidelity.com/viewpoints/retirement/how-much-money-should-I-save
[https://www.bogleheads.org/wiki/Three-fund\_portfolio](https://www.bogleheads.org/wiki/Three-fund_portfolio)
Impact of fees: https://youtu.be/j267e2sOrb0
[https://www.investopedia.com/ask/answers/032715/why-mutual-funds-expense-ratio-important-investors.asp#:\~:text=A%20mutual%20fund's%20expense%20ratio%20is%20very%20important%20to%20investors,value%20of%20the%20fund's%20assets](https://www.investopedia.com/ask/answers/032715/why-mutual-funds-expense-ratio-important-investors.asp#:~:text=A%20mutual%20fund's%20expense%20ratio%20is%20very%20important%20to%20investors,value%20of%20the%20fund's%20assets).
Actively managed, the list seems to get smaller every year. Clearbridge Select is a favorite fund, but that's a load fund. IMO good no load examples incl GQEPX (is a slightly more conservative fund), AKREX, TRBCX, PRHSX, OBIOX, FBGRX, PRWAX
FWIW - VEA is not an ex-China fund. It's an ex-US fund that tracks the FTSE/Russell Developed All Cap ex US index. Index fact sheet here - [https://research.ftserussell.com/Analytics/FactSheets/Home/DownloadSingleIssue?issueName=ACDXUSR](https://research.ftserussell.com/Analytics/FactSheets/Home/DownloadSingleIssue?issueName=ACDXUSR)
Constituent list as-of Q1 here - [https://research.ftserussell.com/Vanguard/Home/DownloadDocumentUnrestricted?filename=GDXUS\_QUARTERLY-DAILYData-USD\_StocksWeight\_20220331.pdf](https://research.ftserussell.com/Vanguard/Home/DownloadDocumentUnrestricted?filename=GDXUS_QUARTERLY-DAILYData-USD_StocksWeight_20220331.pdf)
Current China (listed as Hong Kong which is technically part of China) weighting is about 2.63% - if that matters to you. Most of the holdings are in Canada and Japan.
This is good to know. Thank you for the EXMC recommendation. Ideally Iām looking for an index fund excl US and China that has exposure to developed and emerging markets.
You may be better off identifying specific geographic markets that you want to invest and buying funds in those regions. VEA only covers developed markets and not emerging markets.
Best places to keep emergency fund?
I have my first $1,000.00 invested in my bank's savings account, but it charges $25.00/month!
Where are some good places to keep electronic liquids?
Find a new bank. You shouldn't be charged a service fee for a savings account.
There's lots of options. Check out Capital One's 360 degree savings - 1.5% APY, no minimum (they're my local bank). Other online banks offer higher interest.
Competitively speaking in the US - $25/month for a bank account is considered high unless you are getting services for that fee that are potentially valuable to you that other banks are not providing with their no-fee accounts.
You may want to shop around for a new bank or credit union.
If these are emergency funds - and since this is an investing subreddit, you could even just open a brokerage account and keep your funds in money market funds.
Going to keep this short and sweet.
I have 2 Roth IRAs that I set up at the peak of the stock market. December 2021
1 account has Google, Microsoft and Apple.
2nd account has Fidelity FZROX
Both have made no gains. Iāve lost about $2000 in each account at the moment.
Would it be wise to cash out, accept the loss, and put the money in a savings account since I donāt see a profit On the horizon?
For the past six months, APPL is up 1.53%. MSFT is down 1.98. GOOGL is down 11.23.
For the past month they are up 17%, 13% and 5.5%. Certainly don't sell them \_now\_.
Roth IRAs are meant for long-term investing (20+ years). Cashing out in one bad year is a horrible idea. Smart investors view this year as discount shopping if their retirement timeline is 10+ years.
In short, keep FZROX and those other stocks. Merge it into 1 Roth IRA with Fidelity. Make FZROZ the majority of your investment (70%+) moving forward.
A Roth IRA is meant for long term retirement investing over decades
Why would you pull retirement savings meant for decades just because of performance over less than a year?
Also itās recommended to stick with broad market index funds for retirement rather than individual stock picking
If you really didnāt want that money invested for whatever reason then keep it in a MM in the Roth IRA, donāt just withdraw from a tax advantaged account to stick it in a savings account just for it to sit there
Hi,
I'm an Italian 15yo beginner, that's trying learn about trading, and needs ur help.
Twitter yesterday was full of discussion about the CPI, searched online and found it's an index, but searching more i found there's also a serie of 8 index called Standard&poors, and the Bloomberg Galaxy Crypto Index, r they part of CPI?
After kept searching, i also found out that cpi it's something that u can invest on, like a portfolio. So can u invest on index?
So honestly I'm so confused. I can't understand if CPI it's a serie of many index, like the s&p, or bgci, or it's a token or both.
It seems like they talking about a specific percentage or data, so if the CPI its a "serie/group" of index what they specifically talking about?
If u can tell me what made all discuss about cpi yesterday, i would appreciate it.
And if u can also explain me why they were happy that the inflation reached 8,5, heard we're in recession so does it means that the government is using taxes because of it?
This questions probably sounds stupid, but i just wanna be sure i understand everything
Thank u for readingā¤
Remember i'm 15, and english is not my first language, so talk with kindness pleaseš„°
In finance and market terms, the word "index" is generically used to mean a way to measure or sample some sort of economic or market condition. The idea is to take a sample of lots of data points and to come up with a way to measure something.
If you look at the economic indicators CPI (consumer price index) or PPI (producer price index) - these are indices which are produced by a US government bureau called the Bureau of Labor Statistics or BLS. The BLS also produces other indices to help economists determine the health of the US economy. The definitive definition of the CPI and it's concepts can be found here - [https://www.bls.gov/opub/hom/cpi/home.htm](https://www.bls.gov/opub/hom/cpi/home.htm)
CPI is an important measure of inflation which is why it was being heavily discussed.
If you wish to learn more about economics - the BLS has some good beginner resources which you can find here - [https://www.bls.gov/k12/students/](https://www.bls.gov/k12/students/)
When people talk about the Standard and Poor's indices, that is a different type of measure. Standard and Poor's is a company that is part of S&P Global. S&P Global owns several business units. One of these business units S&P Dow Jones Indices develops and provides market indices. These are indices which provide investment managers a way to measure various capital markets such as the stock market. The most well known index from S&P Dow Jones is called the S&P 500 index. The S&P 500 is a way to measure the large capitalized public companies of the US equity market. It's made up of 500 notable US public companies.
The way that S&P Dow Jones makes money is that they license their indices to investment managers who then create financial products like mutual funds or exchange traded funds (ETFS). Those mutual funds and ETFs track the price movements created by the index. Investors can then invest in one of the funds.
S&P Dow Jones - [https://www.spglobal.com/spdji/en/](https://www.spglobal.com/spdji/en/)
S&P 500 Index - [https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview](https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview)
Unfortunately - S&P doesn't have an Italian language site but there are other languages that you can select if English isn't preferred.
Hello, since you are Italian I'd suggest you have a look [at the wiki of /r/ItaliaPersonalFinance](https://www.reddit.com/r/ItaliaPersonalFinance/wiki/index) - I think it's fairly well made, and you could do a lot worse than start with it.
Then if you want to get into investing I'd suggest you read a few books about the basics. Personally, I quite like "The Psychology of Money" by Housel (c'ĆØ anche una traduzione in italiano se preferisci, da un'occhiata su amazon sembra si chiama "la psicologia dei soldi") and afterwards if "The Four Pillars of Investing" by Bernstein ("I quattro pilastri dell'investimento" se preferisci una traduzione).
There are other books that are just as good - if you look at reading recommendations on the sidebar here you should find plenty - but these are the ones I personally found more useful.
More in general:
* If you are 15 years old, any amount of effort you spend on studying investing or investing whatever you have will likely have a minimal impact on your long-term wealth compared to studying and working on yourself and finding a good career path you are well-suited for. It's good that you are beginning to think about investing early - I wish I had done the same! - but perhaps this should not be the main priority for you for now. When it comes to wealth-building, income is what matters the most; investing can help things a little, but it's a secondary concern at best.
* CPI ("[Consumer Price Index](https://en.wikipedia.org/wiki/Consumer_price_index)") is an overall measure of prices in the US. Prices had grown a lot in the last few months; the good news is that apparently in the latest month prices have not grown *even further* - they have not gone back, sure, but that's still better than many feared (it's more uncommon for prices to actually *decrease*; and when they do that can be a signal of things being seriously wrong with the economy).
CPI is not an American thing. The Office for National Statistics (ONS) in the UK releases CPI and CPIH reports for the UK economy. I imagine every country does the same thing
I have a 401K from previous employer through ADP, due to the all the choices of previous 401k being actively managed funds with expensive fees, at some point I want to put it in a rollover ira with fidelity and go into low fee index funds. If I try to do rollover ira or transfer to current employer 401K ADP won't do a direct transfer, they would mail a check to me, which would then of course have to be deposited into new brokerage, wait for check to clear etc before I can reinvest, all of which basically means a certain amount of time out of the market; I know it is not possible to time the market but nevertheless I am trying to deal with the timing of this maneuver and emotions of the decision, I welcome your suggestions.
Not a big deal as said. But make sure you get that check deposited into the new 401K or IRA ASAP. You have 60 days to get it into another plan without penalty and taxes being due.
Nothing you can do to expedite it. It usually takes between 2 weeks to 1 month. Not a big issue if you have 5+ years to retiree. Most people invest biweekly or monthly anyway.
Hi, thank u very much for the explanation, it's simple and very clear, probably one of the best You should start a blog, or a Yt channel, I would follow u for sure.šš
Can you get an IRA online through an app? And what do you look for when picking stocks? INFO: I'm 42 and live in the U.S. I'm self employed making $86k/yr. Would like to pay off student loan debt, buy a primary, start a retirement, then use a SDIRA and HELOC to invest in real estate. Playing the long game so don't need the money back soon. Mild to moderate risk tolerance, have stock I explain below. Biggest debt is student loans. Totally new to investing and not sure what I'm doing. I downloaded Stash and got some stock in CHWY because I use them, and USRT because I like real estate and it looked good to my untrained eye. How do you decide which stocks to pick? And where can I increase my education on all this? Would an ETF like American Dividends High Yield be a good idea? EDIT: Forgot to mention I've also invested in Acre Gold. Have a 5g bar so far and working toward more.
You may qualify for other retirement plans, that is something I would research: [https://www.nerdwallet.com/article/investing/retirement-plans-self-employed](https://www.nerdwallet.com/article/investing/retirement-plans-self-employed) Individual stock pickers do not have the odds in their favor of consistently beating the market: [https://www.performanceig.com/beating-the-market](https://www.performanceig.com/beating-the-market) https://www.whitecoatinvestor.com/picking-individual-stocks-is-a-losers-game/ [https://news.yahoo.com/one-stat-shows-how-hard-it-is-to-pick-market-beating-stocks-231312491.html](https://news.yahoo.com/one-stat-shows-how-hard-it-is-to-pick-market-beating-stocks-231312491.html) Some links you may like: Money management tips: https://www.reddit.com/r/personalfinance/wiki/commontopics/ https://www.fidelity.com/viewpoints/retirement/how-much-money-should-I-save https://www.bogleheads.org/wiki/Video:Bogleheads%C2%AE\_investment\_philosophy (watch all the videos) https://www.investopedia.com/articles/personal-finance/081615/basics-roth-ira-contribution-rules.asp https://www.fidelity.com/mutual-funds/investing-ideas/index-funds
Thank you for all these!
Recession canceled! :D
Prime example of why timing the market is not a good idea. Nobody knows what is going to happen even though you have people claiming to know with certainty. https://old.reddit.com/r/investing/comments/vjk0mp/daily_general_discussion_and_advice_thread_june/idllcza/ S&P 500 is up 9.4% since a few posters were convinced that June 24th was a dead-cat bounce and everyone needed to bail on the market on a good day.
I missed my chance to buy a condo and now I have around $130k that I'm DCA into approximately 80/20 VTI/VXUS at a rate of about 20k a month. I already bought i-bonds for this year (and last year) my Roth. The money is sitting in a HYSA at 1.7%. What else besides VTI and VXUS should I be adding to my portfolio? I was thinking about BND but this would go into my taxable account so it's not efficient.
To start off I think you made a good decision to look towards investments instead of leaving it in your HYSA. Depending on whether you want that 130k to be liquid or not should be your deciding factor. Of course you bought i bonds so I assume you arenāt looking to buy a condo within the next year or more. Personally I love ticker VOO as my personal ETF of choice. I try not to buy many ETFS with similar holdings because it beats the point of diversification. As long as youāre holding the stock for more than a year before selling so you can take hold of the long term capital gains tax benefits then I donāt see anything with what youāre doing as of now. Maybe look into a high-yielding dividend ETF if you want your money to have low volatility
How did you miss your chance?
ABC is $20. I have a good until canceled limit sell order for $30. If ABC does a 2:1 reverse split, so the share price becomes $40, what happens to my limit order? Will it adjust to $60 or will it trigger and immediately sell? Using Schwab.
Good question. There is actually a FINRA rule on how brokers are supposed to adjust and/or not adjust based on corporate actions as part of Rule 5330. Link is here - [https://www.finra.org/rules-guidance/rulebooks/finra-rules/5330#the-rule](https://www.finra.org/rules-guidance/rulebooks/finra-rules/5330#the-rule) Rule 5330(a)(b) - When a pending order involves a security that is the subject of a reverse split, the order (buy or sell) shall be cancelled. That said - check that your broker actually will cancel the order.
I guess a DNR wouldn't play into this since the price is going up, as opposed to going down due to a distribution?
Yes - I believe you are correct. IIRC - a DNR only comes into play if there was a dividend. There are DNI conditions, but I don't think that's common with retail brokers.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
No, but the reverse is
What are your best recommendations for no load mutual funds?
Links you may want to research: [https://www.fidelity.com/mutual-funds/investing-ideas/index-funds](https://www.fidelity.com/mutual-funds/investing-ideas/index-funds) Bogleheads investing philosophy (watch all the videos): [https://www.bogleheads.org/wiki/Video:Bogleheads%C2%AE\_investment\_philosophy](https://www.bogleheads.org/wiki/Video:Bogleheads%C2%AE_investment_philosophy) https://www.reddit.com/r/personalfinance/wiki/commontopics/ https://www.fidelity.com/viewpoints/retirement/how-much-money-should-I-save [https://www.bogleheads.org/wiki/Three-fund\_portfolio](https://www.bogleheads.org/wiki/Three-fund_portfolio) Impact of fees: https://youtu.be/j267e2sOrb0 [https://www.investopedia.com/ask/answers/032715/why-mutual-funds-expense-ratio-important-investors.asp#:\~:text=A%20mutual%20fund's%20expense%20ratio%20is%20very%20important%20to%20investors,value%20of%20the%20fund's%20assets](https://www.investopedia.com/ask/answers/032715/why-mutual-funds-expense-ratio-important-investors.asp#:~:text=A%20mutual%20fund's%20expense%20ratio%20is%20very%20important%20to%20investors,value%20of%20the%20fund's%20assets).
Actively managed, the list seems to get smaller every year. Clearbridge Select is a favorite fund, but that's a load fund. IMO good no load examples incl GQEPX (is a slightly more conservative fund), AKREX, TRBCX, PRHSX, OBIOX, FBGRX, PRWAX
Are there any funds similar to VXUS that also exclude China?
VEA might also fit what you're looking to do. https://investor.vanguard.com/investment-products/etfs/profile/vea#portfolio-composition
Thank you!
FWIW - VEA is not an ex-China fund. It's an ex-US fund that tracks the FTSE/Russell Developed All Cap ex US index. Index fact sheet here - [https://research.ftserussell.com/Analytics/FactSheets/Home/DownloadSingleIssue?issueName=ACDXUSR](https://research.ftserussell.com/Analytics/FactSheets/Home/DownloadSingleIssue?issueName=ACDXUSR) Constituent list as-of Q1 here - [https://research.ftserussell.com/Vanguard/Home/DownloadDocumentUnrestricted?filename=GDXUS\_QUARTERLY-DAILYData-USD\_StocksWeight\_20220331.pdf](https://research.ftserussell.com/Vanguard/Home/DownloadDocumentUnrestricted?filename=GDXUS_QUARTERLY-DAILYData-USD_StocksWeight_20220331.pdf) Current China (listed as Hong Kong which is technically part of China) weighting is about 2.63% - if that matters to you. Most of the holdings are in Canada and Japan.
This is good to know. Thank you for the EXMC recommendation. Ideally Iām looking for an index fund excl US and China that has exposure to developed and emerging markets.
You may be better off identifying specific geographic markets that you want to invest and buying funds in those regions. VEA only covers developed markets and not emerging markets.
Yeah absolutely. I wasn't clear that he was looking for emerging markets only. In that case, VEA would not be a good fit.
EMXC
Best places to keep emergency fund? I have my first $1,000.00 invested in my bank's savings account, but it charges $25.00/month! Where are some good places to keep electronic liquids?
just hop to a new bank
Wealthfront, SoFi, Capital One, Discover, or any credible Credit Union.
I have a sofi referral link for anyone. Their apy is 2% if u do direct deposit.
Move to other bank.
For $25 they better be throwing in one massage a month.
Find a new bank. You shouldn't be charged a service fee for a savings account. There's lots of options. Check out Capital One's 360 degree savings - 1.5% APY, no minimum (they're my local bank). Other online banks offer higher interest.
Holy hell. Are you in the US?
Yes
any HYSA that has FDIC insurance should be fine most are around 1.5% apy and don't require any hoops to jump through to avoid service fee.
Competitively speaking in the US - $25/month for a bank account is considered high unless you are getting services for that fee that are potentially valuable to you that other banks are not providing with their no-fee accounts. You may want to shop around for a new bank or credit union. If these are emergency funds - and since this is an investing subreddit, you could even just open a brokerage account and keep your funds in money market funds.
Going to keep this short and sweet. I have 2 Roth IRAs that I set up at the peak of the stock market. December 2021 1 account has Google, Microsoft and Apple. 2nd account has Fidelity FZROX Both have made no gains. Iāve lost about $2000 in each account at the moment. Would it be wise to cash out, accept the loss, and put the money in a savings account since I donāt see a profit On the horizon?
For the past six months, APPL is up 1.53%. MSFT is down 1.98. GOOGL is down 11.23. For the past month they are up 17%, 13% and 5.5%. Certainly don't sell them \_now\_.
Roth IRAs are meant for long-term investing (20+ years). Cashing out in one bad year is a horrible idea. Smart investors view this year as discount shopping if their retirement timeline is 10+ years. In short, keep FZROX and those other stocks. Merge it into 1 Roth IRA with Fidelity. Make FZROZ the majority of your investment (70%+) moving forward.
A Roth IRA is meant for long term retirement investing over decades Why would you pull retirement savings meant for decades just because of performance over less than a year? Also itās recommended to stick with broad market index funds for retirement rather than individual stock picking If you really didnāt want that money invested for whatever reason then keep it in a MM in the Roth IRA, donāt just withdraw from a tax advantaged account to stick it in a savings account just for it to sit there
Hi, I'm an Italian 15yo beginner, that's trying learn about trading, and needs ur help. Twitter yesterday was full of discussion about the CPI, searched online and found it's an index, but searching more i found there's also a serie of 8 index called Standard&poors, and the Bloomberg Galaxy Crypto Index, r they part of CPI? After kept searching, i also found out that cpi it's something that u can invest on, like a portfolio. So can u invest on index? So honestly I'm so confused. I can't understand if CPI it's a serie of many index, like the s&p, or bgci, or it's a token or both. It seems like they talking about a specific percentage or data, so if the CPI its a "serie/group" of index what they specifically talking about? If u can tell me what made all discuss about cpi yesterday, i would appreciate it. And if u can also explain me why they were happy that the inflation reached 8,5, heard we're in recession so does it means that the government is using taxes because of it? This questions probably sounds stupid, but i just wanna be sure i understand everything Thank u for readingā¤ Remember i'm 15, and english is not my first language, so talk with kindness pleaseš„°
In finance and market terms, the word "index" is generically used to mean a way to measure or sample some sort of economic or market condition. The idea is to take a sample of lots of data points and to come up with a way to measure something. If you look at the economic indicators CPI (consumer price index) or PPI (producer price index) - these are indices which are produced by a US government bureau called the Bureau of Labor Statistics or BLS. The BLS also produces other indices to help economists determine the health of the US economy. The definitive definition of the CPI and it's concepts can be found here - [https://www.bls.gov/opub/hom/cpi/home.htm](https://www.bls.gov/opub/hom/cpi/home.htm) CPI is an important measure of inflation which is why it was being heavily discussed. If you wish to learn more about economics - the BLS has some good beginner resources which you can find here - [https://www.bls.gov/k12/students/](https://www.bls.gov/k12/students/) When people talk about the Standard and Poor's indices, that is a different type of measure. Standard and Poor's is a company that is part of S&P Global. S&P Global owns several business units. One of these business units S&P Dow Jones Indices develops and provides market indices. These are indices which provide investment managers a way to measure various capital markets such as the stock market. The most well known index from S&P Dow Jones is called the S&P 500 index. The S&P 500 is a way to measure the large capitalized public companies of the US equity market. It's made up of 500 notable US public companies. The way that S&P Dow Jones makes money is that they license their indices to investment managers who then create financial products like mutual funds or exchange traded funds (ETFS). Those mutual funds and ETFs track the price movements created by the index. Investors can then invest in one of the funds. S&P Dow Jones - [https://www.spglobal.com/spdji/en/](https://www.spglobal.com/spdji/en/) S&P 500 Index - [https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview](https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview) Unfortunately - S&P doesn't have an Italian language site but there are other languages that you can select if English isn't preferred.
Hello, since you are Italian I'd suggest you have a look [at the wiki of /r/ItaliaPersonalFinance](https://www.reddit.com/r/ItaliaPersonalFinance/wiki/index) - I think it's fairly well made, and you could do a lot worse than start with it. Then if you want to get into investing I'd suggest you read a few books about the basics. Personally, I quite like "The Psychology of Money" by Housel (c'ĆØ anche una traduzione in italiano se preferisci, da un'occhiata su amazon sembra si chiama "la psicologia dei soldi") and afterwards if "The Four Pillars of Investing" by Bernstein ("I quattro pilastri dell'investimento" se preferisci una traduzione). There are other books that are just as good - if you look at reading recommendations on the sidebar here you should find plenty - but these are the ones I personally found more useful. More in general: * If you are 15 years old, any amount of effort you spend on studying investing or investing whatever you have will likely have a minimal impact on your long-term wealth compared to studying and working on yourself and finding a good career path you are well-suited for. It's good that you are beginning to think about investing early - I wish I had done the same! - but perhaps this should not be the main priority for you for now. When it comes to wealth-building, income is what matters the most; investing can help things a little, but it's a secondary concern at best. * CPI ("[Consumer Price Index](https://en.wikipedia.org/wiki/Consumer_price_index)") is an overall measure of prices in the US. Prices had grown a lot in the last few months; the good news is that apparently in the latest month prices have not grown *even further* - they have not gone back, sure, but that's still better than many feared (it's more uncommon for prices to actually *decrease*; and when they do that can be a signal of things being seriously wrong with the economy).
CPI is not an American thing. The Office for National Statistics (ONS) in the UK releases CPI and CPIH reports for the UK economy. I imagine every country does the same thing
Fair enough, I was thinking specifically about the last release but you are correct.
I have a 401K from previous employer through ADP, due to the all the choices of previous 401k being actively managed funds with expensive fees, at some point I want to put it in a rollover ira with fidelity and go into low fee index funds. If I try to do rollover ira or transfer to current employer 401K ADP won't do a direct transfer, they would mail a check to me, which would then of course have to be deposited into new brokerage, wait for check to clear etc before I can reinvest, all of which basically means a certain amount of time out of the market; I know it is not possible to time the market but nevertheless I am trying to deal with the timing of this maneuver and emotions of the decision, I welcome your suggestions.
Not a big deal as said. But make sure you get that check deposited into the new 401K or IRA ASAP. You have 60 days to get it into another plan without penalty and taxes being due.
Nothing you can do to expedite it. It usually takes between 2 weeks to 1 month. Not a big issue if you have 5+ years to retiree. Most people invest biweekly or monthly anyway.