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Author: mikeg1382 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76395  
Subject: VGENX in an IRA Date: 4/26/2002 1:23 PM
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I have 30+ years 'till retirement, and right now all I have is the S&P 500 index fund in my Vanguard Roth. I wanted to get some type of growth fund in there, but I am not sure what. I was looking a little harder at VGENX, Vanguard's energy fund, which seems to me to be a good up-and-coming industry (as far as new energy sources are concerned) but I was wondering if anyone here holds that fund, and if they are happy with it. Also, any other advice or ideas are greatly appreciated! Thanks in advance,

Mike in NJ
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Author: Brett257 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 34391 of 76395
Subject: Re: VGENX in an IRA Date: 4/29/2002 11:15 AM
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You and my bro are very interested in that fund. But what he didn't realize is that VGENX is an admiral share that requires a $250,000 minimum initial investment. If you want something growth consider something small cap like NAESX or VISVX. Just something to think about.

Brett

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Author: mikeg1382 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 34392 of 76395
Subject: Re: VGENX in an IRA Date: 4/29/2002 1:29 PM
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VGENX has admiral shares available for this fund that require a $250,000 initial investment, but they also have regular investor shares that only require $1000 initial investment in an IRA, or $3000 in a taxable account. You can go here to check it out, just scroll down the menu of funds 'till you see the Energy Fund under "Industry Specific Funds":

http://flagship4.vanguard.com/VGApp/hnw/FundsByFundType

Thanks for the info, though! I always appreciate any thoughts on the subject....

Mike in NJ

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Author: WPatch Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 34401 of 76395
Subject: Re: VGENX in an IRA Date: 4/30/2002 5:09 PM
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The admiral share(with its high balance requirements has the ticker VGELX. VGENX is a normal Vanguard size fund(minimum $3,000, IRA minimum $1,000).

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