Mustachians,
Lend me your vision (and fingers); I need some advice.
I need to spring clean the finances and need to see it from different angles:
Vehicles:
TSP (military) - recently enrolled and throwing in the max allowed (88%); caveat I am a reservist so amount of money contributed is a slow trickle.
Vanguard - I think I goofed with asset choices
$27,000 -> VFFVX
$10,000-> VSMGX
$15,000-> VTSAX
Here is where I think I screwed up: VFFVX & VSMGX are have the SAME underlying funds but just a different distribution
VFFVX
allocation
1. 54% total stock market index fund
2. 35.9% total international stock index
3. 10% total international bond II index
4. 2.9% total international stock index
VSMGX
1. 36% total stock market index fund
2. 27% total bond market II index
3. 24% total international stock index
4. 11% total international bond index
Thoughts? Should I transfer funds to just one given this scenario? The percentages vary but it doesn't seem like the right move to keep both. Also am I reducing my growth by distributing to 3 vanguard funds with this amount of money?
Second order of business:
20k to invest now. Wondering if I should invest all of it into just ONE of the above? Also, should I get a vanguard IRA?
Currently, zero debt, sold my car, and sold my house. I will be part time in the reserves and soon to begin working as an occupational therapist (traveling most likely). I have 20k in cash not including the 20k above.
Prior to mustachian ways I invested in GoPro and did not pull out when I should. 20K invested with current loss of around ~10k. I'm just hanging on for a miracle there.
That was a ramble. Goodness. I am 29 y/o and hope to be out of the rat race in 5-7 years. I read the early retirement extreme book and it felt like all my thoughts and weird ways of life were now recognized. haha
Any help would be great!