No. of Recommendations: 0
Welcome coffeefan,

I'm a coffee fan myself :-)

Roth IRA with Vanguard VTSMX: 7K
Taxable Vanguard account: VIGRX, VFINX, VTSMX: 15K

Here's a little tip: The more tax efficient funds should be held in a taxable account, and the less tax efficient funds in a tax-deferred account (i.e. Roth). VTSMX is more tax efficient that VIGRX--The turnover of VTSMX is only 4%, while VIGRX's is 24%. If I were you, I would be holding VIGRX in the Roth, not in the taxable account.

As a previous poster suggested, check out the expense ratios and whether or not you are paying loads on the 401k funds. You should be able to find this information in the fund's prospectus. Compare that to what you are paying for the Vanguard VTSMX and VFINX funds. If the expense ratios of the 401k funds are much above 1, they are considerably more expensive than Vanguards. And if you are paying loads, you might forget contributing to the 401k entirely, and contribute to the Roth instead.

Currently contributing:
PERS: $200/mo
401k: $300/mo

I've never seen this acronym before, "PERS", what is it?


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