Hmmm, so I'm going to put in some Roth money for the first time this year since this seems like a good day to do it... Previously I put everything in a target retirement fund (2045), but I know a lot of people here buy VTSAX. I noticed the shares are quite a bit more, about $49/ea, whereas the VTIVX (t.r.f. 2045) is only $18/ea, but the expense ratio is much lower on the VTSAX and the long term returns seem higher too. Does it make much of a difference? I am so new to investing.
.......Ohhh, wait, I just realized you have to have at least $10,000 to buy VTSAX...so does that mean you've got to have money probably in some other funds first that you would have to "sell" to "buy" VTSAX, right? Because you can only contribute $5500 per year to an IRA, I guess you'd already have to have money from a previous year (which I do) to be able to buy it right now, right?