Hi everyone,
I'm currently looking for some advice on where to go from where I currently stand financially. I want to invest in the VTSMX fund but am unsure if I should exchange funds I currently hold in my ROTH for it or open another account at Vanguard? Or if there are any other ideas on what I should do financially I would greatly appreciate it! Below are some details about me to help with my question, however I currently about $4500 of cash I would like to invest. Thank you for the help!
Info:
23 years old (Student)
Income (monthly):
VA GiBill - $2900
VA Disability - $1334
Total: $4,234
Accounts:
Vanguard Roth IRA
- VTIVX $1697.89
- VGSTX $1747.63
Total $3445.52
Lending Club
- $2500
(4) CD's
Total $ $5082.29
Metals
- About $3000 in 1oz silver American Eagles
Emergency Savings Account:
- $3000
Checking (Currently):
- $5000
Debt:
- $0.00 I use a capitol one credit card for all purchases and pay it off at the end of the month
Expenses (monthly):
- $2200 rent, cellphone, insurance, food etc.