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Some purists would recommend VTSAX over a target date fund, since it is 100% equity. A target date fund with a distant date is mostly equity, but not entirely. As the date draws near, the percentage devoted to bonds will grow as appropriate for your age. If you have access to a 401k plan with a decent low cost bond index fund, you could hold your bond allocation there.
The purist argument for holding 100% equity in a Roth IRA is that stocks have the greatest potential for long term growth, so, since a Roth IRA won't be taxed upon withdrawal, you'd like that account to be the biggest it can be. Regards,
This is one person's opinion. Nothing more.
I have the appropriate target date fund in each of our (wife and mine) Roth IRAs. They are retirement accounts for us, and we are too simple to use anything but TDFs for retirement.
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