SELF FACEPUNCH - I have been foolishly keeping a chunk of money out of the market for some time now, while watching the market climb higher and higher. After playing a 'market timing' game, I have finally come to accept that time in the market >> timing the market.
I am ready to take the (long term) leap into the market but need help selecting the correct funds. My current portfolio is 48% VFINX, 22% VEXMX, 25% VGTSX, 5% VBMFX. My goal is to create a diversified portfolio across domestic (US) and international, as well as blend of growth/value, and cap sizes. In essence, since I know I am jumping into a relatively high market - I want to have broad equity exposure.
Some other info about me that may be useful:
- This is my taxable, also have 401ks with target date funds
- Investing for long term (5 years+ minimum), okay with taking on risk
- Mid 20's with a long time horizon
- If suggestion is to add one fund, I may be eligible for admiral with the money I am dumping in now
- New mustachian but taking it seriously (just bought used honda fit cash)
- I realize that VFINX + VEXMX is the equivalent of some other Vangaurd fund but, hey - that's why I am asking for help now
Would really appreciate your help!