Hey everyone, my wife and I will be looking at starting some investment account(s) in the near future. I've read on here that a lot recommend Vanguard, and while most of those appear to have a 10k min deposit to open, I see the STAR fund has a 1k min to open. What is everyone's thoughts on this?
A little about us...mid twenties, a soon-to-be one year old at home (crazy how fast time goes..), we have no "bad" debt - thinking credit cards, car loans, personal loans - quite a bit of debt in my student loans (48k), and a 15 year mortgage that we are 2 years in to (house bought at 82.5k, owe 58k, house valued at 125k as of two weeks ago). My wife just finished school, and once she passes her boards, we'll be making around 85-90k a year. Yeah, not a lot compared to most on here, but we live cheap, and in a cheap place (mortgage is $650 a month - 2400 sq ft total living area, 3.5 acres of land around the house). I make money in the spring and fall helping her parents farm (3-5k extra a year).
We've lived on my income alone the last two years as she was in school and pregnant - I have a 401k, 30k total in it, aggressive strategy - her job is for a county hospital, so she'll have a pension there, IPERS is what it is called, she contributes some (% gets set by the state every year, if I read that right) and the employer puts quite a bit more in than she will be. Inlaws and my parents both have a 529 set up for our daughter, we have a savings account for her as well.
Just looking for some advice, places to put money, low fees, etc.