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Reply to "Asset allocation funds?"
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[quote=Anonymous][quote=Anonymous]The Vanguard Total Index Fund is 98% domestic stocks. Is it really a good idea to invest your retirement savings in that high of a percentage of stocks? Shouldn't there be some balance? [/quote] Since she has a small amount of money, the Vanguard Total Index Fund is a good start with. It gives her a potential to earn a good return with a reasonable risk. If she has enough money to diversify her porfolios later, she can add Total International Stock Index fund and Total bond Market Index fund. These will give her very good diversified porfolios.[/quote]
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