Recession Money Moves with Ramit Sethi
Noah Kagan Presents
00:00
Investing in a Target Date Fund
The simplest way to get started is just a target date fund. You pick it based on how old you are, and that's it. These are great funds. They're low cost. They're awesome. It's one fund, and you can do the same fund in all your different accounts. As your portfolio really, really, really starts to grow, you may, for tax reasons, want to actually split up your investments into different index funds. A seven % return compounded over 30 years is a huge amount of money.
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