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re: I just opened my Vanguard Roth IRA account
Posted on 8/23/17 at 4:32 pm to DirtyMikeandtheBoys
Posted on 8/23/17 at 4:32 pm to DirtyMikeandtheBoys
Target Retirement Fund is the easiest. You could set an automatic draft weekly or monthly in order to average out your buy costs. After you learn a bit more about the different funds, you can sell a bit of the target retirement fund to buy other funds. Usually minimum buy prices are $3,000 for the first purchase. Low cost index funds are popular.
Read through the Vanguard Threads and go to the Vanguard site. There are descriptions for each fund. You are asking about asset allocation, and that is a big question, and everyone probably has a different answer. But, the Target Retirement Funds are a good way to start. You could also leave some money in a money market fund so that you have some money to buy other funds when you have enough saved.
Read through the Vanguard Threads and go to the Vanguard site. There are descriptions for each fund. You are asking about asset allocation, and that is a big question, and everyone probably has a different answer. But, the Target Retirement Funds are a good way to start. You could also leave some money in a money market fund so that you have some money to buy other funds when you have enough saved.
This post was edited on 8/23/17 at 4:33 pm
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