06-29-2021, 02:48 AM
For my Roth IRA. Do I need both FNILX and FZROX?
<!-- SC_OFF --><div class="md"><p>I’m developing a portfolio for my retirement account (I’m 22) and I see both FNILX and FZROX. I know one tracks the SP500 and the other the total stock market. I will also include some growth ETFs (VGT, VUG, or QQQ), perhaps SCHD, and an international stock market fund as well. </p> <p>For diversification purposes, are FNILX and FZROX too overlapping or is it necessary to hold both of these? I know some people like to hold an SP500 fund, Total Stock Market fund, an International fund, and some bonds as their entire portfolio but I wasn’t sure how much the two first options overlap. Thanks!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hester23bearsch"> /u/hester23bearsch </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/o9xysx/for_my_roth_ira_do_i_need_both_fnilx_and_fzrox/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/o9xysx/for_my_roth_ira_do_i_need_both_fnilx_and_fzrox/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I’m developing a portfolio for my retirement account (I’m 22) and I see both FNILX and FZROX. I know one tracks the SP500 and the other the total stock market. I will also include some growth ETFs (VGT, VUG, or QQQ), perhaps SCHD, and an international stock market fund as well. </p> <p>For diversification purposes, are FNILX and FZROX too overlapping or is it necessary to hold both of these? I know some people like to hold an SP500 fund, Total Stock Market fund, an International fund, and some bonds as their entire portfolio but I wasn’t sure how much the two first options overlap. Thanks!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hester23bearsch"> /u/hester23bearsch </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/o9xysx/for_my_roth_ira_do_i_need_both_fnilx_and_fzrox/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/o9xysx/for_my_roth_ira_do_i_need_both_fnilx_and_fzrox/">[comments]</a></span>Kind Regards R