Hello all. I'm very new to personal finance in general, I've definitely started much later than I should have. Regardless, no sense in looking back, I've taken it seriously recently. I've read the Stock Series, I've read "The Simple Path to Wealth", and quite a few topics on this forum as well as quite a few podcasts regarding FI. However, I'm still a little confused with what I should do with my workplace retirement account. I have two questions, the first regarding what to roll over my previous 401k to, and the second regarding my current options. To preface my questions, I have 6 months of emergency funds in a savings account and a personal Vanguard account with $10,000 in VTSAX. I'm also in the 24% tax bracket, so I'm going to contribute the max amount to my work retirement account to hopefully lower that.
First question: I have $16,000+ from a previous employer in a 401k. Should I roll that over into my work retirement account (401k or IRA), or my personal Vanguard into some type of IRA?
Second question: Through my work, I have a 401K with TRowe Price, but they don't offer VTSAX. They do offer VINIX (S&P 500 Index), so right now I've put all my contributions towards that. Given the options I have, is this the best place to be contributing or should I mix it up. Below are all my options my plan has available.
STOCKS:
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BLUE CHIP GROWTH FUND
TRBCX Expense Ratio: 0.70%
The fund's objective is to provide long-term capital growth. Income is a secondary objective.
FIDELITY EXT MKT INDEX FUND
FSMAX Expense Ratio: 0.05%
The investment seeks to provide investment results that correspond to the total return of stocks of mid- to small-capitalization United States companies.
INTERNATIONAL STOCK FUND
PRITX Expense Ratio: 0.81%
The fund seeks long-term growth of capital through investments primarily in the common stocks of established, non-U.S. companies.
MID-CAP GROWTH FUND
RPMGX Expense Ratio: 0.75%
The fund seeks to provide long-term capital appreciation by investing in mid-cap stocks with potential for above-average earnings growth.
MID-CAP VALUE FUND
TRMCX Expense Ratio: 0.78%
The fund seeks to provide long-term capital appreciation by investing primarily in mid-size companies that appear to be undervalued.
OPPENHEIMER DEVELOP MARKETS, Y
ODVYX Expense Ratio: 1.05%
The Oppenheimer Developing Markets Fund aggressively seeks capital appreciation. The Fund invests mainly in common stocks of issuers in emerging and developing markets throughout the world.
REAL ESTATE FUND
TRREX Expense Ratio: 0.78%
The fund seeks to provide long-term growth through a combination of capital appreciation and current income.
SMALL-CAP STOCK FUND
OTCFX Expense Ratio: 0.89%
The fund seeks to provide long-term capital growth by investing primarily in stocks of small companies.
VANGUARD EQUITY INCOME ADM
VEIRX Expense Ratio: 0.18%
The fund primarily invests in common stocks of medium-sized and large companies whose stocks pay above-average levels of dividend income and are considered to have the potential for capital appreciation.
VANGUARD INST INDEX
VINIX Expense Ratio: 0.04% N/A
The Vanguard Institutional Index Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund attempts to replicate the target index by investing all, or substantially all, of assets in the stocks that make up Standard & Poor's 500 index.
VANGUARD TTL INT STOCK IND ADM
VTIAX Expense Ratio: 0.11%
The Vanguard Total International Stock Index Fund seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in Europe, the Pacific region, and emerging markets countries.
BONDS:
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ISHARES US AGG BOND INDEX K
WFBIX Expense Ratio: 0.06%
The iShares U.S. Aggregate Bond Index Fund K seeks to provide investment results that correspond to the total return performance of fixed-income securities in the aggregate, as represented by the Barclays U.S. Aggregate Bond Index
PIMCO INCOME INST
PIMIX Expense Ratio: 0.74%
The PIMCO Income Fund's primary investment objective is to maximize current income. Long-term capital appreciation is a secondary objective. The Fund seeks to achieve its investment objectives by investing under normal circumstances at least 65% of its total assets in a multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements.
VARIOUS TARGETED RETIREMENT FUNDS:
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Expense Ratio: .72%
Apologies for the long post, any advice would be greatly appreciated!