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back door roth IRA: where to invest?

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  • back door roth IRA: where to invest?

    I finally opened a traditional IRA and converted to the roth IRA at Vanguard for myself and my spouse.
    Now I am at the investment step, and have no clue what to do..

    In which investments should I put each of our $6,000?
    Everything looks pretty much the same for a finance newbie like me. I would appreciate guidance.

    Thank you.

  • #2
    you need an investment plan. What %age of your investments go to equities? What %age goes to bonds? Something else? most likely right now put it in the total stock market fund of wherever your Roth IRA is and then continue to research and educate yourself

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    • #3
      I would throw it into VTSAX at this point until you can do some more reading and get a plan.

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      • #4
        Thank you for the advice!

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