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re: Help me invest (student)

Posted on 4/4/18 at 1:48 pm to
Posted by Yeti_Chaser
Member since Nov 2017
7508 posts
Posted on 4/4/18 at 1:48 pm to
what exactly is vanguard? Just an advisory company?
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64056 posts
Posted on 4/4/18 at 2:31 pm to
Vanguard is widely regarded as the gold standard of passive investing because the funds track pretty well with all competitors but have lowest fees.

My first roth ira was a college graduation present from my parents funded with 5k of vnfix ( is that right? The sp500 fund?) from vanguard.
This post was edited on 4/4/18 at 2:34 pm
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64056 posts
Posted on 4/4/18 at 2:43 pm to
My advice is open vanguard Roth account and use just enough of your savings to go into the minimum required initial investment to get into the vnfinx or whatever they call the vanguard 500 now, and equally split with the vanguard income equity fund, which I cannot find right now.

Eta-

2000 bucks blended in these two funds over the next 40 years is gonna be about a million dollars.

This post was edited on 4/4/18 at 3:04 pm
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