I'm in my early 30s, first year of practice after training. When I graduated, I read up on WCI and started a Vanguard backdoor roth IRA. For 2017, I didn't have enough funds to use an admiral account so I figured I would just put $5500 in a target fund and re-address the issue next year.
Well, the time is here now
Currently I have $5500 for my 2018 contribution sitting in the money market fund, and my original 2017 funds in the target fund. Which of these options would be preferable?
1) sell off my target fund shares and put everything into the admiral VTSAX. Then after a couple years when I have $10k+ extra in contributions, I'll put half into admiral VTIAX
2) Get my money out of the target fund and split my current funds 50/50 between VGTSX and VTSMX?
3) Something else?
I also have a 401k through work where I am using a typical three fund system. Thanks!
Well, the time is here now
Currently I have $5500 for my 2018 contribution sitting in the money market fund, and my original 2017 funds in the target fund. Which of these options would be preferable?
1) sell off my target fund shares and put everything into the admiral VTSAX. Then after a couple years when I have $10k+ extra in contributions, I'll put half into admiral VTIAX
2) Get my money out of the target fund and split my current funds 50/50 between VGTSX and VTSMX?
3) Something else?
I also have a 401k through work where I am using a typical three fund system. Thanks!
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