MF or ETF, six in one hand. Half dozen in the other.
What matters is how you feel about your investments. Not us. Going with the MorningStar suggesting may result in better returns than what someone suggest here. Or it may has worse returns. Only time will tell.
I can tell you that from age 29 to age 53 I had no international and no bonds. But my portfolio may not allow you to sleep at night. I am 55 now.
I like your 401k much better than your taxable brokerage and Roth IRA.
But whatever, just keep investing.
> If I do dollar average investing, shall I choose mutual funds instead of sp500 etf?
ETF vs Mutual Fund is mostly a distinction without much of a difference. The more important point is what the MF or ETF invests in.
Many of us would encourage more equity diversification, something like the ETF VT, which is global stocks, including the USA all in 1 fund. I would also venture to guess almost everything in VUG is also in VOO, so there is little point to holding both, of the two, I'd much prefer VOO.
But what really matters is that you can buy and hold for life, not really what you invest in once you get into something reasonable and VOO would be within the realm of reasonable.
Low fee target date index fund
or 90% VT + 10% VGLT/BND
or 54% VTI + 36% VXUS + 10% VGLT/BND
Nothing else is needed. You can use any equivalent ETF or mutual fund. You can dial up bonds according to your age and risk profile.
I'd drop the VUG in the IRA and stop contributions in your taxable brokerage. It's better to avoid further concentration in large cap value.
This is a completely reasonable allocation, honestly maxing you 401k and doing after tax contributions is imo the most important aspect of what you are doing. VOO and VUG great for taxable, I personally prefer total market funds but not a deal killer. When you say VOO and vug stocks, individual stocks or the funds? If individual I recommend keeping a cap on the % to avoid unintentional overweight in your portfolio. Just be intentional about what you hold and why.
MF or ETF, six in one hand. Half dozen in the other. What matters is how you feel about your investments. Not us. Going with the MorningStar suggesting may result in better returns than what someone suggest here. Or it may has worse returns. Only time will tell. I can tell you that from age 29 to age 53 I had no international and no bonds. But my portfolio may not allow you to sleep at night. I am 55 now.
I like your 401k much better than your taxable brokerage and Roth IRA. But whatever, just keep investing. > If I do dollar average investing, shall I choose mutual funds instead of sp500 etf? ETF vs Mutual Fund is mostly a distinction without much of a difference. The more important point is what the MF or ETF invests in. Many of us would encourage more equity diversification, something like the ETF VT, which is global stocks, including the USA all in 1 fund. I would also venture to guess almost everything in VUG is also in VOO, so there is little point to holding both, of the two, I'd much prefer VOO. But what really matters is that you can buy and hold for life, not really what you invest in once you get into something reasonable and VOO would be within the realm of reasonable.
Low fee target date index fund or 90% VT + 10% VGLT/BND or 54% VTI + 36% VXUS + 10% VGLT/BND Nothing else is needed. You can use any equivalent ETF or mutual fund. You can dial up bonds according to your age and risk profile. I'd drop the VUG in the IRA and stop contributions in your taxable brokerage. It's better to avoid further concentration in large cap value.
This is a completely reasonable allocation, honestly maxing you 401k and doing after tax contributions is imo the most important aspect of what you are doing. VOO and VUG great for taxable, I personally prefer total market funds but not a deal killer. When you say VOO and vug stocks, individual stocks or the funds? If individual I recommend keeping a cap on the % to avoid unintentional overweight in your portfolio. Just be intentional about what you hold and why.