Hello friends and fellow mustachians, I've been a lurker on this board for quite some time now but really am into the position to make a long-term commitment to a 401(k) fund provided by my employer that I plan to keep funding until my eventual (and hopefully reasonable) retirement.
The main things I have learned from this board is that high fees are my mortal enemy, so I will be deliberately excluding the high fees that come along with the T. Rowe Price Target Date Funds that have fees over 1%. In fact, I'll be leaving out any funds that have fees over .50% because there are good investments that I can pick and choose instead.
I am really leaning towards dumping almost everything (about 10% of my paycheck) into the Vanguard Small Cap Index and opening up a separate Roth IRA where I can diversify myself further into international stocks, a large cap fund, and perhaps a bit into bonds. My company matches up to 10% of my investment no matter how much I invest, which I believe is great! (right???) But I do not feel properly diversified holding only small cap US stocks. Any help is greatly appreciated!!! Thanks for welcoming me into the community!
I am looking at:
----Core Funds----
DFA Large Cap Value - 0.27%
Company Stock Fund - 0.17%
Fifth Third Equity Index Collective - 0.05%
Dodge & Cox Income Fund - Bond - 0.44%
Vanguard Small Cap Index Inst - Small Cap - 0.08% (good returns given fees)
Vanguard Prime Money Market Fund - Money Market - 0.10% (hasn't shown great returns)