Currently for my 401(k) I have mostly VTSMX (Vanguard Total Stock Market) and VFIAX (Vanguard S&P 500) as my main positions. I opened up a Roth IRA recently and was planning on just doing the same, until I found out about VIGAX (Vanguard Growth Index Fund). The way I understand it, VIGAX appears to be similar to a S&P 500 index fund with large companies except they sort of cherry-pick S&P 500 companies that are expected to grow. There's currently 306 companies in it. So far, the past performance of VIGAX has definitely exceeded the other two (VTSMX and VFIAX) and the expense ratio isn't really that different (VIGAX is 0.05% while VTSMX and VFIAX are 0.04%).
I don't plan on touching this money in my Roth IRA for the next 30+ years, so I really want something that will grow. Is there any reason why I shouldn't choose VIGAX over the other two conventional funds? Should I maybe have a diversified mix of them instead?
Submitted August 05, 2018 at 10:05PM by ibob430 https://ift.tt/2KwW1Gt
