Alcofribas
Dryer sheet wannabe
I have financial POA for my father (94) and mother (85) and I'm trying to decide how to invest the bulk of their savings. I'm leaning toward the following options: 1. 100% VWIAX 2. 100% VTINX 3. a combination of VWINX and VTINX or 4. active management by Fidelity with a conservative or moderately conservative allocation. The expense for Fidelity management is just under 1%. Expenses for VWIAX and VTINX are less than half of that.
Any advice on these options or any others would be welcome. Investing my own savings is one thing but investing for my parents gives me extra anxiety. I don't want to screw this up.
Any advice on these options or any others would be welcome. Investing my own savings is one thing but investing for my parents gives me extra anxiety. I don't want to screw this up.