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I am 24. I am 3 years into my IRA. My first deposit was 3000 to the Vanguard S&P 500 index (VFINX) in January 2008 for the 2007 tax year. After putting a little bit more, I wanted to diversify a little, so I bought some bonds (VIPSX) for 3000 in like May or something. Since then I have been putting the rest of the money in VFINX. Well I realized what I should have done from the start, and bought the Vanguard target retirement 2045. (VTIVX) with the rest of my 2008 contributions and $2500 2009 contributions.
I was looking at the %age and comparing each fund. my bonds (VIPSX) lost a total of 8%, while in the same time period the target retirement (VTIVX) went down near 40%.
Would it be wise to take the loss of $250 and transfer my money ($2750) to my target regiment fund? Since it has the asset allocation that I really need?
I will just let my S&P 500 index hang out for a while.
Good thing I bought the bonds before the crash rather than more stock.
I was looking at the %age and comparing each fund. my bonds (VIPSX) lost a total of 8%, while in the same time period the target retirement (VTIVX) went down near 40%.
Would it be wise to take the loss of $250 and transfer my money ($2750) to my target regiment fund? Since it has the asset allocation that I really need?
I will just let my S&P 500 index hang out for a while.
Good thing I bought the bonds before the crash rather than more stock.
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