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Old 10-11-2016, 07:16 PM   #1
kuksul08
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Rollover IRA investments?

I know this is a really generic question with no right answer. But... I just rolled over some money from a previous employers 401k into a rollover IRA. I chose to do this because after talking with an advisor, it seemed more flexible than rolling into my current employers 401k.

However now I have to elect some investment options. I have about $10k to 'play' with. Since I'm only in my 20's, I'd like something with moderate risk. A combination of a number of different things.

Does anyone have a recommendation? Something like a mutual fund, or is that not how this works?
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Old 10-12-2016, 05:47 AM   #2
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Well, without knowing anything about your IRA or it's options, I'd say look and see if you can use VTSAX, VTI, or VTSMX (all investing the same way, just minimum investment and whether it's a mutual fund or ETF changes). They're Vanguard total market funds (i.e. it invests trying to duplicate the overall US markets performance) with very low fees. At my brokerage VTI (the ETF) is a commission free trade which makes it more attractive to me as I buy shares regularly.
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Old 10-12-2016, 10:27 AM   #3
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10K isn't much to diversity into a few different funds. So I'd look for something like a Blend fund that's already mixed for you. I usually start out looking at Vanguard's options.

You can also look at one of the Target date funds which will automatically balance the fund's risk as it ages.

I'm not a professional by any means, just another 20 something who's spent way too much time reading through funds. I left my old 401k in a Target date fund from the previous employer. Our Roth IRA's (spouse) are in Vanguard funds.
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Old 10-12-2016, 01:07 PM   #4
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Thanks for the tips. I have my current employer's 401k in a target date fund (JP Morgan Smart Retirement), maybe I will just do a similar thing.
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Old 10-13-2016, 05:13 AM   #5
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Originally Posted by kuksul08 View Post
Thanks for the tips. I have my current employer's 401k in a target date fund (JP Morgan Smart Retirement), maybe I will just do a similar thing.
Target date funds generally have shitty fees FYI.
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Old 10-13-2016, 07:32 AM   #6
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I rolled over my 401k as well when I left my former employer last year. I ended up going with Vanguard funds as noted. Better selection, lower fees, and better return than what the employer's 401k plan offered.
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Old 10-13-2016, 07:19 PM   #7
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FYI for anyone who wasn't aware, VTSAX, VTI, and VTSMX are all Vanguard total US market funds.
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Old 10-13-2016, 08:16 PM   #8
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Interesting - I think I will give these a shot. I currently hold some MEICX which has a similar behavior but much higher expense ratio, something I hadn't thought about before.
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