Hello,
I've moved my $30k emergency fund over to Vanguard and looking at which mutual fund(s) to buy. I am looking at the 500 Index Fund Admiral Shares (VFIAX) and Wellesley Index Fund Investor Shares. I think I can get the VFIAX one...I'm not familiar with the Admiral Shares thing...I just started looking. I'm not super familiar with Vanguard. Our Roths are with Fidelity...just thought I'd go somewhere different with this.
We had too much cash with this and other savings and job is stable, etc. Anyway...for those of you that have Vanguard funds, do you have any suggestions for me?
I know many think it should just remain parked in a safe savings account, but it's been doing that for years and it's driving me crazy. We have several other options to draw from in case of a true emergency, so that's not something we are really worried about.
Looking for something 'balanced'. And was thinking the stock index coupled with the more conservative balanced fund would be a good mix, rather than simply putting it all in one fund.
We will likely add to it at some point, but not at this time.
Thoughts? Advice?
THANKS!
Jules