Right now I have about $12,500 in my Roth IRA. I am very new to investing so I came here to get some help! Right now, all of my money is in SPDRs (SPY). Is this a very good place to keep it for the long term? I am saving it for when I am hopefully retired at 60 (36 years from now). I want to put it in something consistent and for the VERY long term. I don't have the time to check my investments very often, so I want something where I can leave it and not worry too much. I have read elsewhere that SPDRs are good for that because they always follow the market and never earn less than the market. This year for my IRA, should I continue putting all of my $ in SPY or should I branch out some? I have done some research and found that FAIRX looks to be a great mutual fund. Should I invest some in that or do you have any other ideas. THANK YOU SO MUCH FOR YOUR HELP!
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