Thinking about selling VTSMX to buy VIGRX & VISGX
Thinking about selling VTSMX to buy VIGRX & VISGX
I'm still new to this. 28 years old. I have around $6,500 in Total Stock Market Index (VTSMX). I am thinking about selling it and buying Growth Index (VIGRX) and Small-Cap Growth Index (VISGX).
Thoughts on this?
Thoughts on this?
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Re: Thinking about selling VTSMX to buy VIGRX & VISGX
I wouldn't sell all of the market to buy part of the market. I'd build up to $10,000 to get admiral shares and then maybe think about adding diversification, and continue to learn in the meantime.
I'm not smart enough to know, and I can't afford to guess.
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Re: Thinking about selling VTSMX to buy VIGRX & VISGX
I agree with the advice above. Are you currently contributing to a 401k or an Ira?
https://www.bogleheads.org/wiki/Priorit ... nvestments
https://www.bogleheads.org/wiki/Priorit ... nvestments
"Pain is the touchstone of all growth." - Bill W.
Re: Thinking about selling VTSMX to buy VIGRX & VISGX
Roth IRAFreefallin wrote: ↑Mon Oct 08, 2018 8:15 pm I agree with the advice above. Are you currently contributing to a 401k or an Ira?
Re: Thinking about selling VTSMX to buy VIGRX & VISGX
What exactly are your reasons? Based on the selections I’m guessing you are performance chasing?
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Re: Thinking about selling VTSMX to buy VIGRX & VISGX
It's better to buy the entire haystack instead of just a small section. Why? Owning the entire haystack ensures you will reap all of the market returns and you will not buy high and sell low.
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions
Re: Thinking about selling VTSMX to buy VIGRX & VISGX
Yup. Exactly.
OP, not a good idea, do you know that Growth index did not recover for 12 years after the tech crash of 2000-02 to breakeven. That is nearly 13 years in the negative. Stay with TSM.
Re: Thinking about selling VTSMX to buy VIGRX & VISGX
Large Cap Value (blue) vs Large Cap Growth (red):
Small Cap Value (blue) vs Small Cap Growth (red):
Re: Thinking about selling VTSMX to buy VIGRX & VISGX
Such a fool I am...
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Re: Thinking about selling VTSMX to buy VIGRX & VISGX
Stay with VTSMX.
Re: Thinking about selling VTSMX to buy VIGRX & VISGX
You're not a fool. You asked before you jumped. Many times people come on this board and say, "I just did this and this. What do you think?" And what we think is, "Dang, why on earth did you do that?"Aeiouoiea wrote:Such a fool I am.
- ruralavalon
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Re: Thinking about selling VTSMX to buy VIGRX & VISGX
Why?
Stay with Vanguard Total Stock Market Index Fund Admiral Shares (VTSMX).
"Everything should be as simple as it is, but not simpler." - Albert Einstein |
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