Roth Ira

[stoney508]

So I had a 401(k) from a former employer that I rolled over into an IRA and then into a ROTH through fidelity. I started out with 500 some odd amoumnt that I cannot remeber off the top of my head. I have 100 a month going into it and the amount as of today is 1500 which isnt much. I recieved my quarterly review of the account in the mail and found out I have finally seen a gain in my investment for the first time. Its only been 3 quarters but this is the first time I have seen a gain and it was for 89 dollars. I know its not much but this does give me a little boost and stops me from questioning my investment. Im looking foward to many more years to come and goals to meet. I think my first milestone will be 10k and probably jump to 50k and so on but I dont know what my time period should be.

[disneysteve]

How do you have the money invested? What fund or funds?

[stoney508]

Right now its in emerging markets I dont know the symbol name off hand I will start to move money around when I get to the 2500 mark.

[feh]

Right now its in emerging markets I dont know the symbol name off hand I will start to move money around when I get to the 2500 mark.

You're investing for the long term - don't worry about daily/weekly/monthly changes in value.

If your balance was larger, I'd suggest other investments, but at $1500, EM is fine (if not optimal).

[stoney508]

I just noticed my first gain in my quarterly letter that I get it was just nice to see a gain in it because before that I think I lost money. I am not even sure I made up for that loss but I am happy to see the change. I am going to increase the amount im adding once my SL are under control and probably around that time start diversifying my allocations. The custodian said to make a meeting around 2500 but ill consult everyone here before I do that probably go over to the boggleheads forum too.