No. of Recommendations: 0
I would roll all your accounts into Vanguard. You'll be happy when all your money is in a single place, and you can easily view and make adjustments online via a single interface.

This is what I am leaning towards but still investigating my options of going with a brokerage account, possibly at Scottrade.

You didn't give your age, so it's hard to give specific investment advice, but in general, picking a single subclass (large caps) of a single asset class (stocks) is a limiting idea. One suggestion for which Vanguard funds to invest in based on age:

I am 27 years old. The link indicates 25% in international stocks and 60% in US stocks. Right now, with my limited knowledge and experience, I am not sure I am ready to go with an international fund. Another item to add to my research list. Also, from my limited knowledge, isn't it better to be in short-term bonds right now given the economy and interest rates versus the suggested 10% in medium bonds? Also, I am not familiar with REITS so another area for additional research.

The other thing, right now I have been sticking with only one fund because I am charged a maintenance fee for each fund with a balance below $5000 in my IRA. Once I get to the point where I can rebalance my account without incurring fees, I think I would feel better.

Thanks for the feedback!

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.