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Real quick, no time here to really read much other than the 1st few sentences of FDs queery- but if youre buying (and ya shoudl if you can) I would recommend (even tho i do not work there anylonger- so its not like im stumpin for the employer or nuttin) the VG 500 Index fund.

If there's a cant miss- thats it. Its not like the other higher expense funds because its rather hands off- not uber managed etc.
Performance usually equal to or better than those more micro managed funds.

Vanguard is good.. I had a impromptu meeting with a financial planner. His take.. If you are in a 401K program where the Company does not match... Get out.. Open up IRA's.. Based on my age and income he is recommending Roth IRAs. Being relatively new at that.. I thought you could only open 1... Apparently you can have as many as you want..

I am probably going to cut back my 401K contributions and start steering more money toward IRA's...

I think you can only have one Roth IRA, but you can have as many mutual funds as you want and can only contribute a capped amount each year ($5000).

You should be able to open as many standard IRA's as you want, though. Just make sure you max out your Roth before you do anything else.

Real quick, no time here to really read much other than the 1st few sentences of FDs queery- but if youre buying (and ya shoudl if you can) I would recommend (even tho i do not work there anylonger- so its not like im stumpin for the employer or nuttin) the VG 500 Index fund.

The account I just opened is through Fidelity and I don't think I can buy Vanguard funds through them. The closest thing i can get through Fidelity is the Spartan Index fund, which looks good on paper. I think you have to open with a minimum investment of $10,000 to get into that fund, though, and I didn't want to put that much into an inidex fund to start.

Buffett suggests the Vanguard Growth Index. Low fees. Good Return over the long haul

So. 2 confirm... 1 Roth and then regular IRAS from there... 10-4 as they say in the South!

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