Quote:
Originally Posted by Piotrsko
Nice thing about vanguard is easy-peasey buying and selling funds. My ETF's kicked butt on my wifes 2025 targeted, but it's a bumpy ride and causes a lot of broker calling to you. I suppose it depends if you firmly believe the market will continue to gain long term like I do.
I suspect that is churning the account, seems it only happens when the ETF falls.
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Yes, Vanguard makes thing very easy AND they have very low fees which is way more important than most people think. A difference in 1% turns into tens of thousands of dollars over 30 years.
Vanguards targeted funds do make things easy and automatic. You also have the choice to pick from 170 mutual funds and 80 ETFs if you want to make things more complicated. As people save more money things can get more complicated but things don't have to be complicated for investors just getting started. My wife and I stuck to Vanguard and our company 401Ks until last year when we hired a financial planner to help us as we start planning for a more complicated early retirement.
The biggest thing is to start investing as early as possible - especially for members of my generation (40's) and younger. Our retirement is almost completely dependent on how much money we can save and invest