Hello all,
I spoke with a financial advisor prior to opening my Roth IRA this year who suggested target date index funds. I’d done quite a bit of reading on the three fund approach and I’m curious really what’s the difference between a tdif and a 3-fund portfolio? I’m newer to investing but it seemed like the tdif was passively managed whereas I’d be in control of my allocations with the 3-fund.
I funded my Roth IRA at fidelity and chose the following allocations:
60% FSKAX Total US index
25% FTIHX International index
15% FXNAX US bond