The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Tips for my first $5k IRA investment?||Date: 3/5/2012 11:47 PM|
|Author: CABob||Number: 70287 of 81338|
Start investing at 22 = great!
Choosing Vanguard = very good! Just one account is fine, or did you mean more than one mutual fund?
Good choices of Vanguard funds would include a high date Target Retirement fund or Life Strategy fund. https://personal.vanguard.com/us/funds/vanguard/TargetRetire...
Putting it all into their Total Stock Market fund would be a reasonable choice, but, in the not too distant future you will want to expand your portfolio to include international stocks and bonds. Choosing the TR or LS funds would provide that exposure currently in a single fund of funds.
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|