Post by mrnewengland on Sept 22, 2014 8:55:38 GMT -5
... but I couldn't figure out how. So I'll make a thread and get everyone's opinion:
In Phil's posts he always recommends putting money into an S&P500 index fund and most of the time recommends Vanguard's VFINX fund. I had already bought Vanguard's VOO fund and have been contributing to it as well.
I was wondering why Phil chose one over the other (there are lots of choices). VOO has a lower expense ration and that's why I originally chose it. BUT... if there's a reason VFINX is superior I am all ears.
Well, I am in VFIAX (Vanguard 500 Index Fund Admiral Shares) and VTSAX (Vanguard Total Stock MarketIndex Fund Amiral Shares) and VBTLXX (Vanguard Total Bond Market Index Fund Admiral Shares).
I had a little help from some contributors here to select my investments. I originaly was just in S&P 500 fund and Total Stock Market Fund, but then I decided that going against conventional advice had burned me in the past, so I added the bond funds to my investments.
I want to move my Fidelity Target Retirement Fund over to Vanguard and invest it in a Dividend paying stock fund.