My 18 year old son just funded his brand new Roth IRA with $11K, $5500 for 2017 and $5500 for 2018. Now we need to decide how to invest it. We were thinking of initially investing $9000 three ways between an international ETF, a growth ETF, and a large cap US ETF, keeping $3000 for opportunistic investments as they arise or if the markets tank further. Since he is so young we are incline towards more risk. My son was also interested in a Tech ETF. I appreciate the safety of total market ETFs like VTI total US markets and VXUX total international.
So I was wondering what you folks would advise in this situation?
Thank you
Beridian