Used to have a Roth IRA in VGTSX then in 2014 switched it to VWELX. Also invested in VTSAX. Since then, things have been going down. Not taking anything out for another 20 years... wondering if it's smart to continue to put money into those two funds. I noticed that Vanguard recently closed of VWELX to new investors. VTSAX is under 50 a share at this point which is pretty good price but not sure if things will just keep going down.
Wed Oct 07, 2015 2:48 pm
Cash: $ 381.25
Joined: 09 Feb 2009
What kind of an investor are you? Short term or long term? I've owned the VWELX for at least 7 years, but I am a long term investor so it doesn't matter. The VWELX fund has average 8.2% since inception so it's been a very steady fund. It's expense ratio is .25%. I only hold about 20% of my roth portfolio in this fund. My favorite is the VTSAX fund which represents just over 3000 of the best companies in the US. This fund has had over 12% returns for the past 6 years. This YTD hasn't been good. But to be honest most funds haven't performed this year and are down almost 5%.
Again it doesn't matter. Find index funds that trace the market and stick with them. Since this is a down year, I'd be putting money in as fast as possible.
Risk comes from not knowing what you're doing. (Warren Buffet)
Wed Oct 07, 2015 7:09 pm
wyclef Full Member
Cash: $ 17.97
Joined: 08 Oct 2004
long term investor. ok, that's basically what I wanted to hear.