Right, it'll just take time, of course. Once past 10k I'll save a good chunk of the 2015 contribution and most likely buy the total international first. The other thing I was trying to learn about is taxable accounts, which from the little I understood seems to be similar to a Roth without the restrictions on contributions along with not being tax sheltered.
Although my wife thinks I shouldn't even bother with bonds and just stay aggressive lol, only buy international
Actually what I may do for now is split what I have. Use half of what I have in buy the Vanguard Total International Stock Index, and build both slowly from there
What I do which may not be right for everybody is just buy etf versions for Ira. Only thing is you can't buy partial shares like you can with mutual funds. Same expense ratio as admiral shares and you can start with few hundred dollars
Oh ok I may have read about that elsewhere at some point. I have read up on the 3 fund portfolio and that's what I was thinking to do. Granted it'll take me some time because I've only gotten into this in the past year(shame on me I know, I'm 32 years old). My thinking now is since I have around 10k, take half and buy the international stock fund. Then spend the next year or two building both up until I have admiral shares in each one
Better late than never to start contributing. Just getting started is hardest part. Also I think at the smaller amounts the expense ratios don't hurt as much as long as you are below. 3%
That does make sense, the expense ratio not being a big deal at smaller amounts. I'm thinking take around 4k and buy into the international funds with that. That'll give me domestic and international funds. All that's left afterwards is to build them up over the next couple years to hit admiral shares on both. Once I max my 2015 contribution I would like to learn about taxable accounts
If I recall total international is good for taxable due to foreign tax credits, but if I had choice employer match 401k,then max Ira, finish maxing out 401k,then hsa if you have access then you can think about taxable
I have a 401k but sadly employer doesn't match. 10% of my salary goes into it every week. Not sure what to do with it, if anything. What's an hsa if I may ask ???