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Index Fund Advice

Posted on 5/20/20 at 11:43 am
Posted by Tigerb869
Member since Feb 2017
307 posts
Posted on 5/20/20 at 11:43 am
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?
Posted by cgrand
HAMMOND
Member since Oct 2009
38793 posts
Posted on 5/20/20 at 11:46 am to
VIGAX
VDIGX
any of the targeted retirement age funds (2030, 35, 40, 45, etc)
Posted by geauxpurple
New Orleans
Member since Jul 2014
12350 posts
Posted on 5/20/20 at 12:01 pm to
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.
Posted by JDPndahizzy
JDP
Member since Nov 2013
6443 posts
Posted on 5/20/20 at 12:02 pm to
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
Posted by Tigerb869
Member since Feb 2017
307 posts
Posted on 5/20/20 at 12:11 pm to
Thanks for the info, looks like I have a busy day ahead to research
Posted by Teddy Ruxpin
Member since Oct 2006
39582 posts
Posted on 5/20/20 at 12:13 pm to
You sure like to tinker.

I own two funds.

At some point in the future I'll add bonds to make it three.
Posted by JDPndahizzy
JDP
Member since Nov 2013
6443 posts
Posted on 5/20/20 at 12:22 pm to
Yeah I use the "Fund Screener" in E-trade and find something I like and can't resist.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/20/20 at 3:04 pm to
quote:

VTSAX
quote:

all my eggs into one basket
Posted by notsince98
KC, MO
Member since Oct 2012
17995 posts
Posted on 5/20/20 at 3:55 pm to
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?
Posted by lsu xman
Member since Oct 2006
15553 posts
Posted on 5/20/20 at 4:25 pm to
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
Posted by Hopeful Doc
Member since Sep 2010
14964 posts
Posted on 5/21/20 at 9:19 am to
quote:

I own two funds.

At some point in the future I'll add bonds to make it three.


I'm in 3 equity funds-
SPY 60%
IJR 20%
VXUS 20% (vanguard funds became available after the account opened, so I got out of a Eurozone find to get into the total international but never really felt compelled to exchange the other two).


I will probably not be adding a bond fund until I am ~45-50. I don't dislike bonds, I just think that all equities this early in my life is a better position.

And I actually front-loaded my retirement account this year and made my annual purchases on February 18. I just looked back to confirm- the record high close was 2/19 with another 3ish days of mild loss before the market rolled off the cliff. In retrospect, I wish I could have known the future, but I'm not particularly upset at the loss. I wouldn't be much happier to have a bond fund protecting some of that loss at this point. While I definitely don't feel GOOD about the amount that I've lost, I am confident that the payout for riding it out the next 10-15 years is going to be there, and the payoff will only become evident 30-35 years from now.
Posted by JohnWicksDawg
Member since Mar 2018
358 posts
Posted on 5/21/20 at 1:09 pm to
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).
Posted by Auburn1968
NYC
Member since Mar 2019
19508 posts
Posted on 5/21/20 at 2:18 pm to
It's hard to go wrong with any good index fund with the market down so much. I pretty much hit the low ebb in late march after sitting with cash for a while watching this Wuhan virus unleashed.

The question is what is going to happen when the second quarter reports and 30 to 40% GDP drop happens? Back to late March number???
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 5/21/20 at 2:34 pm to
I don’t think anyone expects stellar gdp numbers
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