100k of VTSAX today???
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Anonymous
| Is today a good day to buy 100K of VTSAX? I’m not wealthy and don’t own any stock currently. I’ve read that VTSAX is a good option for the novice investor. This 100K is my inheritance from my dad and I want to be smart with it. |
Anonymous
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Yeah it’s fine. I’d get some professional advise from fidelity etc. before investing.
You can also time phase it vs buying all at once similar to a 401k |
Anonymous
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If your timeline to grow the money is 20+ years, then yes, any day is a good day to buy VTSAX. You’ll earn ~$1,500 yearly in dividends with $100k of VTSAX.
A good read to put you at ease: https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ |
Anonymous
| Why VTSAX vs VTI? |
Anonymous
| Just generally, without regard to which specific fund ... If you get, for example, a Vanguard account you can put everything in a "settlement account." This is a fairly stable fund sort of like a savings account. From the settlement fund, you can then purchase other funds. You can then set up timed transactions from the settlement fund into the mutual fund you want. Say 1k per week or every other week or something. This spreads out risk, which you may view as desirable. And obviously if you think there is a chance you will need money immediately, always a good idea to keep a healthy cushion in the settlement account or other checking/savings account. |
Anonymous
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Just don't check the sticker daily and no panic sale. You bet against US economy (total market), so short term it might be up and down but long term it should be good.
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Anonymous
I suggest VTSAX for beginners because its nature as a mutual fund prevents you from “playing with it” i.e. you can’t intra-day trade it like a normal stock or ETF (like VTI). |
Anonymous
| Voo and DCA. |
Anonymous
OP is nowhere close to being a trader. Stay away from mutual funds. Get a good S and P 500 etf and leave it alone. OP, you have Roth maxxed, right? |
Anonymous
| Overall, timing the market is a bad strategy. So maybe just DCA into it in $10k chunks twice a week: Tue and Friday. It'll take you about a month to get all 100k invested. But investing all $100k today is also good. After that, add to it if additional funds become available, but other than that, I would look at it once a year and not worry about daily ups and downs. |
Anonymous
| I dropped my nearly $100k into vtsax from grandma last month. It’s a completely reasonable approach. |
Anonymous
| I would do VTI if this is a normal brokerage account. |
Anonymous
Can you explain why? Thanks |
Anonymous
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OP, there are about 20 questions you need to answer first before anyone can logically advise you what to do. Find a legit financial planner to help you out.
https://www.feeonlynetwork.com/ |
Anonymous
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Do you mean today vs next week? No one can say. You can put it all in either today or a little bit at a time over the next few weeks (dollar cost average”) but it’s really just random which one is going to be better.
VTI vs VTSAX? Also not a huge difference. Lately I have preferred ETFs (meaning VTI) for its nominal advantages. |