The Money Mustache Community

Learning, Sharing, and Teaching => Investor Alley => Topic started by: cmoo51 on September 09, 2015, 09:40:55 PM

Title: Index Funds Advice
Post by: cmoo51 on September 09, 2015, 09:40:55 PM
I'm looking into investing into some index funds using vanguard.com and I was wondering about some advice on that. There are a lot of different funds and what not in there. I've been mostly looking into the VTSMX fund and also the VTTVX. Any pros/cons that y'all could help me out with? Also, what would be a recommendation for the initial investment? Just does the minimum investment do fine for the beginning? Or should I look to do a little more? I don't have a ton to invest, but if it makes a huge difference, I could go a little higher than the minimum. My base amount I was looking to start with is $5,000, any thoughts about that? I hope this all makes sense! Thanks in advanced!
Title: Re: Index Funds Advice
Post by: forummm on September 10, 2015, 12:53:51 PM
This is largely a personal decision. These links should help you decide. Just pick an asset allocation and stick with it and it's hard to go wrong with Vanguard.

http://www.bogleheads.org/wiki/Investment_policy_statement
https://personal.vanguard.com/us/FundsInvQuestionnaire
https://personal.vanguard.com/us/funds/tools/recommendation
https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations
https://personal.vanguard.com/us/insights/investingtruths/investing-truth-about-risk