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anon_0k9zlfz6lz9oy
Guest
looking for a fund that's heavy in equities and I'm okay with high risk as I'm 24 and investing long-term.
Any recommendations?
Any recommendations?
in vanguard parlance, its vanguards index 500 fund, which tracks the S&P
I've been happily investing with Vanguard for longer than a lot of you have been alive. Made (and continue to make) lots of $$ on Health Care and the Primecap-managed funds, but when you're starting out stick with a broad-based fund like Index 500 or Total Stock Market.
I will second the Vanguard Health Care Sector Fund and the S&P 500 fund. They are truly low cost funds, but their customer service and website information is second to none. Not sure how much you are starting out with, but most of their funds have a minimum investment of $3K. If anyone wants to start a fund for a child or student, etc. Vanguard has the Star fund which has a minimum investment of $1K. It invests in other funds of Vanguard. A great way to start someone off on an investment program
I recommend not getting financial advice on a football message board
starting out - go with the S&P 500 - if possible go with the Admiral class VFIAX
If comfortable good actively managed fund is Windsor II VWNFX
If comfortable good actively managed fund is Windsor II VWNFX
Here's a non-Vanguard, currently not open to new investors, I suggest keeping track of. I've been an investor in T Rowe Price's New Horizons Fund for over 20 years. It's concentration is in small cap, primarily domestic equities. It's a segment of the market that's particularly difficult for individual investors to do their own research. I've held it through raging bull markets and the Tech Bubble and Great Recession. and it's gone up and down during those years. HOWEVER, over that 20+ year history my return has averaged slightly over 12% per year before taxes.
You're young enough to ride out some bear markets for a good long term return. You're also a prime candidate for dollar cost averaging. If this fund ever reopens to new investors I suggest you take a look.
You're young enough to ride out some bear markets for a good long term return. You're also a prime candidate for dollar cost averaging. If this fund ever reopens to new investors I suggest you take a look.
the beauty of Vanguard is the passive investment element - index fund investing. As such the expense ratios are astronomically small 5 basis points. Should be a part of any investment portfolio.
The vanguard Total Stock Market Index is the only stock fund you need in your portfolio.
