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re: Vanguard Mutual Fund Recommendations?

Posted on 2/8/14 at 7:15 pm to
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2812 posts
Posted on 2/8/14 at 7:15 pm to
I like your thought to put the $3,000 in the VDAIX. That will get you over the $10,000 minimum to qualify for the Admiral status.

Also, at your age I wouldn’t have any money in the VMMXX money market fund inside of a Roth unless you are keeping some powder dry to take advantage of a dip. Even then it isn’t enough money to make a big impact. Put that money in a stock fund.
Posted by bovine1
Walnut Ridge,AR via Tallulah,LA
Member since Dec 2004
1286 posts
Posted on 2/9/14 at 9:24 am to
Wellesley Income has been very good to me for a long time.
Posted by RickAstley
Reno, Nevada
Member since May 2011
2010 posts
Posted on 2/9/14 at 9:54 am to
quote:

Also, at your age I wouldn’t have any money in the VMMXX money market fund inside of a Roth unless you are keeping some powder dry to take advantage of a dip. Even then it isn’t enough money to make a big impact. Put that money in a stock fund.


That is a consideration of mine at this point. I simply don't have any foreseeable goal in mind for retirement, besides it being 30 years out. Should I consolidate both VMMXX and VFFVX into VTSAX, or is there a suggested complement to VTSAX that would help me balance my portfolio better towards my age? I have no problems with my retirement accounts being very aggressive at this point in time.
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