I am relatively new to Index fund (and their ETFs) investment and learnt about 3-fund portfolio and that seems awesome and easist way to invest for long term. I have around $200k which are currently sitting in Goldman Sachs Marcus high yield account which I want to DCA into 3 funds (total index, intl fund and bond fund). I am thinking of putting $10k for 20 weeks with occasional additional lumpsum whenever market tanks a lot. The thing is while I am doing this, I want my lumpsum to still sit in some low risk high yield account but still be able to automatically invest into 3 funds on regular basis. What strategies do you use to automate these things? What are some of the typical least expense ratio but nicer return 3 funds that you invest in? What’s the ratio? One option is to setuo recurring transfers from Marcus accounts to fidelity/vanguard and then buy every week? Other option is to transfer lumpsum to money market fund in fidelity, but that is not FDIC insured. #personalfinance #investments
You can put in VTSAX and ask them to convert to VTI. Unfortunately no good broker (except Robinhood) support auto investing into ETFs/stocks
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It's very unlikely that money market funds in vanguard/Fidelity will have risks. I would transfer all of 200k to vanguard mmf and do a monthly auto invest. It's a set up once and forget it process.
Great! ETF vs Index/Mutual funds? I guess some of the mutual/index funds (passively managed) and similar or little more expense ratio than ETFs but i guess benefit of going with index funds is auto dividened reinvestments..wdyt?
I know vanguard you can only auto invest index funds and not etf. You can do an combination of vtsax and vitax. Like 80-20 or 90-10.