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Originally Posted by JustSomeGuy
I'm currently 22, still in college and have $20k in a roth IRA with vanguard.
damn, son! well played.
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Right now its 90% in VHGEX and 10% in TGLMX. Pretty sure this can't be optimal so how would you redistribute the money?
please post fund names; most of us don't have every ticker symbol memorized (i know i don't!).
Vanguard Global Equity Fund (VHGEX)
TCW Total Return Bond I (TGLMX)
i'm a noob and i haven't done any real research into either of these funds but this looks pretty reasonable to me. how did you end up with these two particular funds? how did you end up with your 90/10 asset allocation? what do you mean about this being "optimal"?
i believe both of those funds are actively managed. you can get lower expense ratios by using passively managed funds instead. for example, you could hold:
Vanguard Total Bond Market Index Fund Investor Shares (VBMFX) - 0.22% ER vs 0.44% for TGLMX. the minimum investment is $3k so you can't actually buy this with 10% of $20k, but you could bump up your bond allocation a bit or there's an ETF version (BND) with a 0.11% ER.
Vanguard Total World Stock Index Fund Investor Shares (VTWSX) - 0.45% ER vs 0.54% for VHGEX. 0.25 for ETF version VT.