Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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Thank you for the suggestions. I will look into a Traditional IRA as well.
The Target 2050 Fund is 90% stock index and about 9% bond index. Are you suggesting I select a fund with the complete...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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If you plan to invest in both, a traditional IRA and a Roth IRA, remember you can only invest $5k TOTAL between the two for 2012 and $5.5k for 2013. You still have till April 2013 to invest for...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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If I might alter my suggestion: It was based on specifically saving for a home, which you haven't indicated will even be in your 5 year plan. Usually a low risk strategy would be appropriate for...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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Hello all,
I've been lurking here for quite a while and I appreciate the generally solid advice and debates. I was hoping to get some feedback regarding my specific financial situation, as I was...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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This post can be edited by most users to provide up-to-date information about developments of this thread based on user responses, and user findings. Feel free to add, change or remove information...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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Thanks to all the other commenters for the additional feedback! I will try to reply briefly by subject/topic:
In terms of saving for a house, I guess I have to figure out whether or not that's...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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If you are conservative, then I'd buy gold/silver coins. Bonds are not the place to be.
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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Be careful. As interest rates rise with a growing economy, profit margins of REIT funds will decrease leading to lower returns. REITS have been fantastic for a while but they are tied very closely to...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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I would recommend maxing out a Roth IRA with low-risk investments (such as bond index funds) and earmark it for your first property down payment. I know you say you have no plans to buy property in...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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I'm 23 y/o and currently have a Roth IRA with Vanguard with my fund within the IRA being the Target Date 2050. Its a pretty aggressive fund, however if you do a little research regarding Target Date...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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I am not an expert but please consider other options as well. The market is at a 5 year high (and may go higher or lower). Interest rates are at a historical low and may stay low or move up. If...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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Based on he information you shared, your plan is a good one: Open a Roth IRA with Vanguard and fill it with a Target Retirement 2050 fund.
Think of a Roth IRA as a house and the funds as the...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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That's been the word on the street for 4 years now. Still hasn't happened.
I do, however, agree that they will eventually take a hit and investing in them would be a bad "set it and forget it"...
Vanguard accounts - feedback please
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Thread created 01-28-2013 by gnus1400
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Vanguard has a relatively low expense ratio for a lot of their funds. I have them for a Roth IRA and it is easy to work with.