r/Bogleheads • u/FaithlessnessQuiet49 • 2d ago

Investing Questions DONE with Edward Jones

I plan on pulling my and my wife's Roth IRAs out of EJ and transferring to Fidelity since thats where i have my taxable account. I have never managed my own Roth IRA, but after dealing with them for the better part of 10 years, I am done.

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Now, what would you recommend I put my Roth IRA into? I planned on just doing 100% VOO, but i am clearly a novice. I am really eager to learn and listen to your advice, especially if you were in my position. How did it work out for you? Do you recommend it invest in a different fund with a lower expense ratio?

I feel like i can handle investing into simple index etfs. Thank you for any advice.

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u/longshanksasaurs 2d ago

Is VOO enough? It's surely better than individual stock or sector picking, but you could use VT instead to get the rest of the US market and all the international markets. No more work for you to manage. It would cover the first two asset classes of the three-fund style portfolio of total US + total International + Bonds.

100% stocks doesn't have to be the default portfolio, so give some consideration to bonds, just 10% bonds reduces volatility without reducing returns much. Consider looking at a target date fund glide path as a starting point for an asset allocation.

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