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Personal Investments • Advice for 29 year old daughter

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I'm recommending that she put all of her new Roth IRA money in VTSAX. I'd love to hear thoughts from the forum about this.
What would be the plan to eventually add fixed, if ever? 100% stock is the craze lately here because of a nice run-up and market highs. It is not at all mainstream BH philosophy which advises to never take too much or to little risk, and to make such a decision with a realistic risk assessment.
I just figured as young as she is it would be best to go heavy on stock and maybe 10-15 years from now start transitioning to a 3 fund portfolio. Maybe that should be the strategy sooner. Thanks for all the input.

Statistics: Posted by doctormike — Tue Mar 26, 2024 11:24 am — Replies 9 — Views 430



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