Why do you say? I had my Roth IRA contribution stored in savings. I moved $2k into VTSMX to convert to Admiral shares, while the remaining $3500 I have in Vanguard's prime money market fund performing nearly the same function as my savings.

quote:
Seriously though, unless you post up a detailed summary of your entire portfolio, you won't get good responses to this kind of question.

Regarding my portfolio, I have an aggressive approach which I plan to begin balancing according to age as I earn more:
Age 24
27% - 401(k)
32.66% - Roth IRA
14.12% - Vanguard Taxable
19.92% - Savings
6.29% - Checking (Looking to invest a portion)

I will edit the OP to complete the summary of my portfolio

1 ...

Report Post

Posted by Volvagia

Fort Worth

Member since Mar 2006

51954 posts

Posted on 2/8/14 at 11:37 am to RickAstley

I assumed it was already invested, rather than being in a money market fund.

This year SCREAMS to DCA due to the expected bubble pop.

Two recommendations, especially because you seem to have more in line with my style of thinking:

I maintain the VEIPX recommendation for taxable. I considered using VDAIX but I didn't feel it to be the best fit for my goals. Not saying you should divest from it obviously, but I think VEIPX is the better asset for producing a cash flow without selling shares, which combined with the preferential tax rate for qualified dividends makes for a good synergistic pairing.

Also, I would recommend keeping an eye open for when VHCOX reopens to new investors and add that to your portfolio in your Roth.

Idle Musing: Target date funds don't really do much for you unless they are a good percentage of your holding.

This post was edited on 2/8/14 at 11:39 am

1 ...

Report Post

Money Talk - Replies to Post

Return To Board

Page 1

Return To Board