Am I messing up in my taxable brokerage account?

[Em-Dog]

Am I messing up in my taxable brokerage account?

I currently have about:
55k in VTSAX
25k in VFIAX (started with this bc I didn't realize it wasn't VTSAX)
5k in VIGAX (just for fun)

The reason I ask is everyone says the first $100k is the hardest and then it get's easier from there. Now I'm wondering if I'm further handicapping myself by spreading things between VTSAX and VFIAX. I've thought about moving the VFIAX to VTSAX but I'm not positive on the tax implications.

Thanks in advance!

[EvenSteven]

Am I messing up in my taxable brokerage account?

I currently have about:
55k in VTSAX
25k in VFIAX (started with this bc I didn't realize it wasn't VTSAX)
5k in VIGAX (just for fun)

The reason I ask is everyone says the first $100k is the hardest and then it get's easier from there. Now I'm wondering if I'm further handicapping myself by spreading things between VTSAX and VFIAX. I've thought about moving the VFIAX to VTSAX but I'm not positive on the tax implications.

Thanks in advance!

No, you are not messing anything up. It doesn't matter how many different funds that first 100k is divided into, it will grow just as fast. 100k in VTSAX will grow equally fast as 1 dollar in 100K different accounts of VTSAX.

Keep at it!

[ChpBstrd]

Nothing bad to see here.

Presumably you also have a 401k and a Roth you are maxing out?

[Em-Dog]

Am I messing up in my taxable brokerage account?

I currently have about:
55k in VTSAX
25k in VFIAX (started with this bc I didn't realize it wasn't VTSAX)
5k in VIGAX (just for fun)

The reason I ask is everyone says the first $100k is the hardest and then it get's easier from there. Now I'm wondering if I'm further handicapping myself by spreading things between VTSAX and VFIAX. I've thought about moving the VFIAX to VTSAX but I'm not positive on the tax implications.

Thanks in advance!

No, you are not messing anything up. It doesn't matter how many different funds that first 100k is divided into, it will grow just as fast. 100k in VTSAX will grow equally fast as 1 dollar in 100K different accounts of VTSAX.

Keep at it!

Brilliant, thanks EvenSteven!

[Em-Dog]

Nothing bad to see here.

Presumably you also have a 401k and a Roth you are maxing out?

Thanks ChpBstrd, I'm maxing out 401k & HSA but am out of the income limit now for Roth. This is recent so now I'm working on learning about the backdoor Roth option.. I think it seems more intimidating than it is..

[pnw_guy]

Nothing bad to see here.

Presumably you also have a 401k and a Roth you are maxing out?

Thanks ChpBstrd, I'm maxing out 401k & HSA but am out of the income limit now for Roth. This is recent so now I'm working on learning about the backdoor Roth option.. I think it seems more intimidating than it is..

I don't know if you use Vanguard (I do and would if I were you) but here's a step by step guide on the backdoor Roth:

https://www.physicianonfire.com/backdoor/

Piece of cake.

[Em-Dog]

I don't know if you use Vanguard (I do and would if I were you) but here's a step by step guide on the backdoor Roth:

https://www.physicianonfire.com/backdoor/

Piece of cake.

pnw_guy thank you! I do use Vanguard and this actually seems so straight forward I think I'll start it up today. I'm so glad for this community and everyone's willingness to share the knowledge.