Best Index Fund 10k

Nov 5, 2018 32 Comments

Thinking of investing 10k for long term.

1. Which Index fund under Fidelity and Vanguard is the best for 10k?

2. Should I diversify 10k into two funds?

3. Can you set up payroll deductions directly to the index fund?

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TOP 32 Comments
  • Google / Mgmt Don Jr
    Probably hold off until this cycle ends. As interest rates rise and bond yields rise, stocks tend to correct. However if you must, invest 20% now and on 5% declines double down.
    Nov 5, 2018 23
    • Google QNrQ72
      You’ll be making <$30 of interest over the two months by holding that money in the 2% interest savings account
      Nov 8, 2018
    • F5 Networks / Eng 1u2ir8v3f7
      OP
      High Yield Online Savings bank give 1.5-2% like Synchrony, Ally, etc
      Nov 8, 2018
  • eBay / Eng
    #yolo

    eBay Eng

    PRE
    Microsoft
    #yolomore
    VTSAX
    Nov 5, 2018 3
    • eBay / Eng
      #yolo

      eBay Eng

      PRE
      Microsoft
      #yolomore
      Yes you can
      Nov 5, 2018
    • F5 Networks / Eng 1u2ir8v3f7
      OP
      Great! Thanks. I'll look into that.
      Nov 5, 2018
  • Amazon
    Bejos

    Amazon

    PRE
    Microsoft, Oracle
    Bejosmore
    Put minimum in VTSAX, then keep adding monthly or bi-weekly to average the cost basis
    Nov 9, 2018 1
    • F5 Networks / Eng 1u2ir8v3f7
      OP
      Thanks! Great tip.
      Nov 9, 2018
  • Lyft / Eng
    pplaredead

    Lyft Eng

    PRE
    Lyft
    pplaredeadmore
    I think by payroll deductions you mean auto contributions. You can't contribute to pretty much anything other than a retirement account directly from payroll. Vanguard and Fidelity do allow you to set up auto contributions to your accounts.
    Nov 6, 2018 0
  • Intuitive Surgical maakasaki
    Index fund for total market perform fairly similar. So I would choose fund eotj zero expense and hence fidelity
    Dec 28, 2019 0

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