I'd Put $10,000 Into These 3 Vanguard Funds and Not Touch It for 20 Years
The market, its dividend payers, and its largest growth stocks -- for about $3 a year in combined fees.
Overview
The S&P 500 (SNPINDEX:^GSPC) is roughly 1% below its record close as I write, and that sort of backdrop can make investing fresh money uncomfortable. No one wants to buy near a peak.
But over a 20-year horizon, I'd say the bigger mistake is usually never investing the money at all. If I were putting $10,000 to work with no plans to touch it for two decades, I'd split it among three Vanguard index funds: one that holds the S&P 500, one that tilts toward dividend payers, and one that leans into growth stocks. All told, their fees would run about $3 a year on the full position.
Details
Here's a closer look at each fund -- and how I'd divide the money.
Source
Originally published at www.fool.com.