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birb_cromble  1d ago (text post)   726 thread views

Weekly Finance Thread

Since a lot of us here have expressed interest in not starving to death in a gutter, I figured I'd start a weekly thread to discuss financial matters.

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I could use some investing advice. I have about $120k in Vanguard VTSAX and $100k sitting around in a bank account that I have no plans for at the moment. My goal is to be low effort and just sit long on it, since I'm lazy and just generally want it to sit around and not have to pay attention to it. Should I just buy more VTSAX? Are there better index funds I can throw my money in and get more returns long term? I don't want to have to actually pay attention to the stock market and buy and sell different things, but am not sure if I'm leaving money on the table by not knowing about XYZ fancy financing thing I could stick my money in.

VTIAX, maybe? AKA "rest of the world", since VTSAX is US market only? Not necessarily more returns, but the global market does sometimes outperform the US market, and that bit of diversification isn’t a bad thing.

If you don't mind EFTs instead of mutual funds, you could always go VT, which is VTSAX + VTIAX -- aka "the entire global market in one fund". Minimum effort, maximum diversification.

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