I am a 26 year old male working professional making roughly $50k a year.
I recently figured out that my bank had taken advantage of my naivete when I was in high school and opening my ROTH IRA. I have since decided to move my account to Vanguard.
I have a normal IRA with them and have put $10,000 into VFIAX the Vanguard 500 Index Fund.
I have $29,000 to invest with Vanguard once my old ROTH IRA is liquidated. I am interested in VTSAX (Total Stock Market minimum $10K contribution), VIMSX (Vanguard Mid-Cap $3,000), VGHCX (Vanguard Health Care $3,000), VIVAX (Vanguard Value Index Fund $3,000), and the VICSX (Vanguard Intermediate Term Corporate Bond Index $10,000).
I also have $6,000 in a separate mutual fund that I plan on liquidating soon.
I've got some money in individual stocks as well, but that has been more speculation than investing (read: gambling). As exciting as speculation can be, I need to be responsible seeing as I am getting married soon and we want to have 4 children. I figure I play with my stock money as is (roughly $20,000 in tech) and devote my income from here on out to my Vanguard Funds. I plan on opening 529 plans for each of my children.
What am I missing? How can I improve? Are these funds diversified enough? Should I add an international/european/emerging market fund/etf?
Submitted June 29, 2017 at 10:17PM by jlipps11 http://ift.tt/2tvD1UB
