I am in my mid 20s and I have been investing for about 2 years now. I have a Roth IRA and a brokerage account through vanguard that I contribute to every week. However the only fund in my brokerage account is VTSAX. I feel like I should start contributing to another one instead of throwing all my eggs into one basket. Any advice on any additional funds that I should consider adding?

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Posted by cgrand

HAMMOND

Member since Oct 2009

38961 posts

Posted on 5/20/20 at 11:46 am to Tigerb869

VIGAX
VDIGX
any of the targeted retirement age funds (2030, 35, 40, 45, etc)

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Posted by geauxpurple

New Orleans

Member since Jul 2014

12531 posts

Posted on 5/20/20 at 12:01 pm to Tigerb869

That is the main one I use. You are not putting all your eggs in one basket. They own a little piece of every egg in the country.

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Posted by JDPndahizzy

JDP

Member since Nov 2013

6448 posts

Posted on 5/20/20 at 12:02 pm to Tigerb869

I'm no pro but these are the one's I have if you want to research them. I try to just have a solid mix over different sectors. You can access the Top 10 holdings in each fund report.

CPOAX
BGSAX
PRMTX
VIGAX
SHSAX
LDVAX
AKREX

I have quite a few ETF's also if you want to research them.....
JHMT
JHMM
XRLV
LGLV
XLK
QQQ
IWM
XLF

Good Luck!!!!

Edit: How do I not have VTSAX in my portfolio? Adding Now!!

This post was edited on 5/20/20 at 12:07 pm

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Posted by jimbeam

University of LSU

Member since Oct 2011

75703 posts

Posted on 5/20/20 at 3:04 pm to Tigerb869

quote:
VTSAX

quote:
all my eggs into one basket

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Posted by notsince98

KC, MO

Member since Oct 2012

18087 posts

Posted on 5/20/20 at 3:55 pm to Tigerb869

If you are just dealing with funds, wouldn't one of the no-cost robo advisors that allocate your money across different ETFs be an effective and easy solution?

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Posted by lsu xman

Member since Oct 2006

15616 posts

Posted on 5/20/20 at 4:25 pm to Tigerb869

VSTAX
VIGIX (90%)
VTRLX

VIGIX very big tech heavy. YTD +2.6%
LINK

This post was edited on 5/20/20 at 6:05 pm

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Posted by JohnWicksDawg

Member since Mar 2018

358 posts

Posted on 5/21/20 at 1:09 pm to Tigerb869

I can (maybe) help simplify your search. Bershire Hathaway hasn't done well this year, but Buffett is stil a guru among gurus - and has a net worth in excess of $68 billion..

Warren Buffett said in a 2020 interview: "Berkshire Hathaway Chairman and CEO Warren Buffett has long said that owning an S&P 500 stock market index fund is the best bet long-term investors can make."

In another interview ( LINK) he said the following:
"I bought my first stock when I was 11 years old. It was the first quarter of 1942, shortly after Pearl Harbor,” Buffett recalls. “I spent $114.75, for shares of a stock. $114.75. If I put that $114 into the S&P 500 at that time and reinvested the dividends, think of a figure as to what it…would be worth today,” he asked me?

So, what do think?

$10,000?

$75,000?

I’ll give you some help. That’s way low.

Let’s pick it up with Buffett again: “The answer is about $400,000. So if I as a little kid had taken that 114 bucks I’d saved— shoveling snow (LAUGH) or whatever I’d done, [I’d have] $400,000 today. [In] one person’s lifetime. That’s America. I mean, that isn’t me. You know, it’s the huge tailwind the American economy gives to any equity investor.”

FWIW Buffett specifically recommends Vanguard's Index 500 fund (or ETF).

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