...I'm new to mutual funds and understanding investing.
Currently I have:
403B: invested in Vanguard Target Retirement Fund 2050 with about $19,000 in it
I'm opening a Roth IRA at Vanguard with funds from a rollover 401k with about $5500 in it currently. I'm trying to decide what to put my IRA funds in.
Any suggestions? ... New to all this.
alf2015, welcome to the forum.
Question: are you converting pre-tax 401k money to the Roth IRA and thus paying taxes on it? If so, why?
Given that you are new to all this, I'd suggest congratulating yourself on the 403B choice and doing exactly the same (i.e., use the 2050 target date fund) for
all your other long term investments.
As you get more experience, you may want to change - but then again you may not, because that fund is a pretty good choice.