No. of Recommendations: 1
Welcome itsdulytime. Glad you could join us.

I agree with previous posters ideas on diversification. They are right on.

At age 26 and for small account balances, S&P 500 and Total Stock Market Index are diversification enough for now. I would not own bonds for now until 1) you get within 10 years of retirement or 2) you have in mind some other short term use for the money such as downpayment on a house or education of your children. Otherwise, stay in equities and keep your money growing as best you can.

Once your account balances get into the years of pay range, then you might think about broadening out a bit, buy some other funds in addition or some individual stocks. But for now, don't worry about it.

Best of luck to you.
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