I am opening a Roth IRA at Vanguard. I am over 55, so I can invest $6,500.00 in tax year 2014 for a Roth.
So, since I can only put in $6,500, and am doing a REIT (to offset my employer 401k which is heavy in stocks) VGSIX (minimum $3,000) is what I should go into, instead of VGSLX (minimum $10,000).
Is that right? How could I put a $10k minimum into VGSLX (for the lower fees) if the government only allows $6.5k for the year?