Top 5 Index Funds for Wealth Accumulation

by | Aug 5, 2023 | Vanguard IRA | 30 comments




Here is my review of my TOP 5 INDEX FUNDS that you can invest in that will make you the MOST amount of money as possible long term, and exactly how much they cost – Enjoy! Add me on Instagram: GPStephan

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#5: VFIAX Vanguard Fund SP500 Fund
Cost: 0.04% Expense Ratio
Minimum: $3000 Investment
Alternative ETF: VOO – 0.03% Expense Ratio
This is a Vanguard Index Fund that follows the SP500, which is the top 500 publicly traded companies in the United States. Buying this ONE index fund is basically the equivalent of buying all 500 of the largest companies in the US, and you’ll get access to some of the bigwigs like Apple, Microsoft, Amazon, Google, Facebook, and so on.

#4: VTSAX Vanguard Fund Total Stock Market
Cost: 0.04% Expense Ratio
Minimum: $3000 Investment
Alternative ETF: VTI
What makes this so unique is that it encompasses the ENTIRE US stock market in ONE single fund…like, this is EVERYTHING. If there’s a small cap, medium cap, or large cap stock in any industry you can think of – this index fund has a tiny piece of it…and for one low price, you can get exposure to 3,529 stocks…

#3: SWPPX Charles Schwab SP500 Fund Fund
Cost: 0.02% Expense Ratio
Minimum: NONE
This index fund was started in 1997 and it ALSO follows the SP500.

#3 (Tied): SWTSX Charles Schwab Fund
Cost: 0.02% Expense Ratio
Minimum: NONE
This encompasses the entire US stock market index, similar to VTSAX.

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#2: FXIAX Fidelity Fund Total Stock Market Fund
Cost: 0%
Minimum: NONE
This is Fidelity’s version of the SP500 index fund with NO EXPENSE RATIO and NO MINIMUMS.

#2 (Tied): FZILX Fidelity International Stock Market Fund
Cost: 0%
Minimum: NONE
This is, in my opinion, a GOOD index fund for everyone to at least get in on – because an international index fund will cover foreign and emerging markets that COULD perform very well over the next few decades. Now, it is true that – Historically, the SP500 has been a better investment than international stocks – but that might not ALWAYS be the case, especially as other markets are REALLY ramping up production and consumption. It also gives you a little more diversification OUTSIDE the United States – just in case, you never know.

#1: FZROX Fidelity Total Stock Market Fund
Cost: 0%
Minimum: NONE
Unlike Vanguard, which has a 0.04% expense ratio – this one has NO EXPENSE RATIO. It’s TOTALLY FREE.

#1 (Tied): FNILX Fidelity SP500 Index Fund
Apparently, they couldn’t just say this is the SP500 because they’d have to pay fees to license that name…but hey, call it whatever you want if that means they can pass the savings on to the customer. With this, you’ll get the same SP500 index fund with no minimums and no fees…so, there you go, that’s a win for this fund.

So between everything I just mentioned, you should be able to find the PERFECT index fund to invest in – index funds within Vanguard certainly have the name recognition behind them, but others like Charles Schwab and Fidelity are cutting fees in an effort to get you to buy theirs, instead. Either way, this is GOOD for you – because now, you get to save more money.

Seriously, if all you did was just buy a total stock market index fund every month and nothing else – over 20 years, you would out perform the VAST majority of hedge fund managers, and you’d put yourself in a GREAT financial position to make as much money as possible. Investing doesn’t need to be complicated, and it doesn’t need to be expensive, either…any of these index funds I mentioned would be a great choice, and I hope this is helpful to maximize the value of every dollar possible.

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For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com

*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available….(read more)


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If you are looking for an investment option that can potentially make you rich, index funds should be at the top of your list. Index funds are a popular choice for both experienced and novice investors, as they offer a low-cost approach to diversification and long-term growth. By mirroring the performance of a specific index, such as the S&P 500, index funds allow investors to achieve broad market exposure without having to constantly monitor individual stocks. Here are five of the best index funds that can help you grow your wealth.

1. Vanguard Total Stock Market Index Fund (VTSAX): As the largest mutual fund in the world, VTSAX offers investors exposure to the entire U.S. stock market. This fund allows you to own a slice of thousands of companies across various sectors. With low expense ratios and a strong historical performance, it is a reliable option for those seeking long-term growth.

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2. Fidelity 500 Index Fund (FXAIX): This fund tracks the performance of the S&P 500 Index, consisting of 500 of the largest U.S. companies. FXAIX boasts a track record of consistent returns, making it an excellent choice for investors looking for stable growth in their portfolio.

3. Schwab U.S. Broad Market ETF (SCHB): If you prefer an exchange-traded fund (ETF) instead of a mutual fund, SCHB is an excellent option. This fund seeks to replicate the performance of the Dow Jones U.S. Broad Stock Market Index, providing diversification across large, mid, and small-cap stocks.

4. iShares Core MSCI Total International Stock ETF (IXUS): For investors looking to diversify beyond the U.S. market, IXUS offers exposure to international equities. This ETF covers developed markets as well as emerging markets, providing access to companies worldwide. It is an ideal choice for those seeking global growth opportunities.

5. SPDR S&P Dividend ETF (SDY): Investing in dividend-paying stocks can be a wise strategy for long-term wealth accumulation. SDY tracks companies that have a history of consistently increasing dividends, making it an attractive option for income-oriented investors. This ETF provides exposure to high-quality dividend stocks across various sectors.

While these five index funds can potentially make you rich, it is crucial to remember that investing in the stock market involves risks. Markets can be volatile, and past performance is not indicative of future results. It is crucial to do thorough research, assess your risk tolerance, and consult with a financial advisor before making any investment decisions.

In conclusion, index funds are a reliable investment option for those seeking wealth accumulation. Their low-cost structure and broad market exposure make them an excellent choice for long-term growth. By considering the aforementioned index funds, you can embark on a journey towards building wealth and securing your financial future.

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30 Comments

  1. Paul

    Why can't i find a single one of these funds on hargreaves lansdown.

  2. Yassine Khaoua

    Investment in stocks is a great way to invest your money. The team is constantly checking the market for changes and make sure that you are always informed about the best time to invest. As a result, I have made more money than ever before, and I don't have to manage my portfolio on my own! Invest in stocks, it's worth it!

  3. liu zhang

    Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 15 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

  4. Paul Sypersma

    then int is buffets emerger in a way.

  5. Susan Claire

    Excellent information! Could you update this for 2023?

  6. Ian McCarter

    Any advice on fzrox vs fxaix or fnilx ?

  7. Tom Cooper

    FXIAX is actually FXAIX. Your slide is incorrect! Good stuff though!

  8. Alice Jurasek

    Year-over-year inflation stood at 6.5% in December 2022—the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

  9. Aplexity

    Fidelity gang

  10. Raymond Barnes

    Inflation depreciates idle money. I'm in a privileged position to be able to save almost 65% of our net household income, as I placed it on safer investments. The key for us was not spending beyond our means. If you invest and have other sources of income outside of dividends then you will be able to live off dividends. Got north of $520K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.

  11. Starseed Films

    You spelled the Fidelity Index fund wrong unless they changed it. It's FXAIX not FXIAX

  12. Anahmcamasin

    hi, how many index fund do you recommend for us to invest to? is 1-2 index fund enough to invest for more than 20 years?

  13. Abaramotorai

    FXIAX OU FXAIX? I believe you misspelled.

  14. Moon Begein

    me who hold the hand until the end of the video

  15. nifal zehan

    how much percent does index fund return gives

  16. abuwadie3

    I don’t understand. All there portfolios have the same companies. How are they different ??

  17. John Minh

    Click bait alert

  18. Donald Webster

    At this junction, people would be better off in smaller cap value funds, like Vanguard small cap value and Vanguard mid cap value. Both are index funds with very low costs.

  19. dinoatcharterdotnet

    what's the best index fund to buy for a beginner looking to make money quick? I'm thinking of signing up for fidelity.

  20. Emily Anna

    Most of the Cryptos are down at the moment and now is a very good time to invest in them. The market is experiencing a fierce correction and now is the best time to stack up on those cryptos.

  21. ThatForexDude

    do i need to keep reinvesting the minimum for VFIAX every time or just the first time?

  22. Joseph Zhou

    stop clickbaiting

  23. JAI HD

    Ah, fidelity is paying the bait and gank angle. I'll pass

  24. JAI HD

    Do all funds go up, and will still be up when I need it?

  25. JAI HD

    FYI, u need to put money into the funds. Takes long time and effort.

  26. Nancy Denver

    Graham, as far as I can tell.. each of these funds are currently C-rated… and since they follow the S&P they are all down significantly YTD [year to date]. Many large cap fund leaders /hedge fund managers are concerned we still have plenty of downside left in this bear market. So, I wouldn't want many of your followers with just $100,000 or less to jump into these when they may continue to downtrend. There WILL be a great time to allocate IN to any or all of these funds – but I'd wait until the market signals are more bullish since many of your followers might not have the capitalization to fund a lot of downside [and who wants to watch their balance go down no matter how much money you have? Nobody!]

  27. Homgrwn

    Money with Free index funds can’t be moved to other market accounts….fidelity to vanguard to Schwab can’t be done

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