Vanguard Total Stock Market Index Fund (VTSAX) Vanguard Total International Stock Index Fund (VTIAX) Vanguard Total Bond Market Fund (VBTLX)
I'd ditch the Bond Market Fund...even in retirement. Just make sure to retire debt free with a paid for house, having put 15% into STOCK mutual funds while working, and then also have at least 3 YEARS of expenses saved liquid so you can pay bills if the market tanks for a while. 3 YEARS of expenses isn't actually even that much if you retire with ZERO debt as you should...you might even find it easy enough to do 5 years or even more.
I would agree to get rid of the bonds. The famed Peter Lynch urged others to only do equities. Historically, equities have returned about 11 or 12% annually and bonds about 4.5%. You are missing out on a lot of money. Bonds are great as you get closer to retirement. You can also do retirement date mutual funds that transition automatically from equities to bonds as you near retirement.
Vanguard Total Stock Market Index Fund (VTSAX) Vanguard Total International Stock Index Fund (VTIAX) Vanguard Total Bond Market Fund (VBTLX)
I'd ditch the Bond Market Fund...even in retirement. Just make sure to retire debt free with a paid for house, having put 15% into STOCK mutual funds while working, and then also have at least 3 YEARS of expenses saved liquid so you can pay bills if the market tanks for a while. 3 YEARS of expenses isn't actually even that much if you retire with ZERO debt as you should...you might even find it easy enough to do 5 years or even more.
Your best option is to do mutual funds/ETFs with Vanguard and/or Fidelity. How much will your broker charge on your Nike purchase?
To the OP - This is the only thing Sally and I see eye to eye on...and even there he's not 100% right. I'd not deal with ETFs...stock mutual funds are the way to go. Vanguard and/or Fidelity is correct.
Curious why you state that stock mutual funds are preferred over ETFs.
To the OP - This is the only thing Sally and I see eye to eye on...and even there he's not 100% right. I'd not deal with ETFs...stock mutual funds are the way to go. Vanguard and/or Fidelity is correct.
Curious why you state that stock mutual funds are preferred over ETFs.
This man has beat the DOW 23 out of 24 years, instead of asking questions you should be taking notes.
Index funds - DIA, QQQ, SPY - are simple, low cost, and tend to have better performance over the long term than actively managed mutual funds.
One huge downside of index and/or mutual funds, even small amounts of individual stocks, is that the little guy never votes as a shareholder. He could, but he doesn't. This means that only the biggest players control the voting, and ultimately the board, C-suite hiring, and company direction. This is how ESG has spread like a cancer through corporate America. Large pension funds, California's in particular, and big money managers with agendas beyond shareholder return, get to push their harmful ideologies with reduced opposition.
Top 10 Holdings (49.00% of Total Assets) QQQ Name Symbol % Assets Apple Inc AAPL 11.02% Microsoft Corp MSFT 10.37% Amazon.com Inc AMZN 5.67% NVIDIA Corp NVDA 4.16% Meta Platforms META 3.87% Broadcom Inc AVGO 3.07% Alphabet Inc Class A GOOGL 3.04% Alphabet Inc Class C GOOG 3.00% Tesla Inc TSLA 2.63% Costco Wholesale Corp COST 2.17%
Your best option is to do mutual funds/ETFs with Vanguard and/or Fidelity. How much will your broker charge on your Nike purchase?
To the OP - This is the only thing Sally and I see eye to eye on...and even there he's not 100% right. I'd not deal with ETFs...stock mutual funds are the way to go. Vanguard and/or Fidelity is correct.
Most ETFs are passive investments tied to the performance of a particular index. Stock mutual funds come in both active and indexed varieties. Avoid the actively managed ones. ETFs and Indexed funds are very similar but ETFs are traded like stocks.
Your best option is to do mutual funds/ETFs with Vanguard and/or Fidelity. How much will your broker charge on your Nike purchase?
To the OP - This is the only thing Sally and I see eye to eye on...and even there he's not 100% right. I'd not deal with ETFs...stock mutual funds are the way to go. Vanguard and/or Fidelity is correct.
Your best option is to do mutual funds/ETFs with Vanguard and/or Fidelity. How much will your broker charge on your Nike purchase?
To the OP - This is the only thing Sally and I see eye to eye on...and even there he's not 100% right. I'd not deal with ETFs...stock mutual funds are the way to go. Vanguard and/or Fidelity is correct.
A blanket advocation of mutual funds (“40 Act” funds) over ETFs makes no sense. Many ETFs track broad market performance better and are much more diversified than many mutual funds, which can be very concentrated in a sector and use leverage as well as derivatives and short-selling, and can also have higher fees.
To the OP - This is the only thing Sally and I see eye to eye on...and even there he's not 100% right. I'd not deal with ETFs...stock mutual funds are the way to go. Vanguard and/or Fidelity is correct.
A blanket advocation of mutual funds (“40 Act” funds) over ETFs makes no sense. Many ETFs track broad market performance better and are much more diversified than many mutual funds, which can be very concentrated in a sector and use leverage as well as derivatives and short-selling, and can also have higher fees.
He is advocating for indexed mutual funds, not actively managed mutual funds.
A blanket advocation of mutual funds (“40 Act” funds) over ETFs makes no sense. Many ETFs track broad market performance better and are much more diversified than many mutual funds, which can be very concentrated in a sector and use leverage as well as derivatives and short-selling, and can also have higher fees.
He is advocating for indexed mutual funds, not actively managed mutual funds.
Where was that stated? If it was in a previous post I missed it. “Stock” mutual funds are not the same as indexed funds.
To the OP - This is the only thing Sally and I see eye to eye on...and even there he's not 100% right. I'd not deal with ETFs...stock mutual funds are the way to go. Vanguard and/or Fidelity is correct.
A blanket advocation of mutual funds (“40 Act” funds) over ETFs makes no sense. Many ETFs track broad market performance better and are much more diversified than many mutual funds, which can be very concentrated in a sector and use leverage as well as derivatives and short-selling, and can also have higher fees.
ETFs have fewer choices, and the main advantage is that you can day trade them, so meh.
If you're dead set on buying individual stocks, only buy stocks in companies you understand. Buy stocks in companies that sell products and services that you like and use. Don't ever buy stock in companies that people always complain about (like cable tv, etc).
A blanket advocation of mutual funds (“40 Act” funds) over ETFs makes no sense. Many ETFs track broad market performance better and are much more diversified than many mutual funds, which can be very concentrated in a sector and use leverage as well as derivatives and short-selling, and can also have higher fees.
ETFs have fewer choices, and the main advantage is that you can day trade them, so meh.
ETFs actually have very good choices when you want particular industry exposure, and they can be very specific, like the Emerging Markets ex China (emerging markets without China) ETF. And the ability to trade them in real time while markets are open has real advantages outside of day trading, and I can't fathom how that wouldn't be an advantage.
ETFs have fewer choices, and the main advantage is that you can day trade them, so meh.
ETFs actually have very good choices when you want particular industry exposure, and they can be very specific, like the Emerging Markets ex China (emerging markets without China) ETF. And the ability to trade them in real time while markets are open has real advantages outside of day trading, and I can't fathom how that wouldn't be an advantage.
Still fewer, and I couldn't care less about day trading. I don't need any new-fangled thing, and stay off my lawn!
We've updated our BetterRunningShoes.com web site to make it easier to find good deals on the best shoes. To keep it great we need new shoe reviews from you.