- Joined
- Apr 2, 2008
- Messages
- 4,191
- Reaction score
- 2,522
So, been doing some research on investment. And this is the direction I think is appropriate. Feel free to critique:
1. Max out 401K, HSA and Roth IRA (all in 2055 target retirement funds).
2. For taxable investments, open up Vanguard brokerage account and invest in standard three-fund portfolio as follows:
80% Stocks
-48% VTSMX
-32% VGTSX
20% Bonds
-VBMFX
Does it seem alright or should I diversify my portfolio more? I am 29 and debt-free. Planning on investing using DCA monthly.
Go with admiral shares, lower expense, if you are debt free, you should have plenty of $ to invest to meet the minimum. Lower bond to 5-10% at your age, unless this asset allocation is really what you are comfortable with. I'd start increasing bond % around 50 yr old+. Target date 2055 has around 10% bond, why are you more conservative in your taxable?