Wednesday, July 27, 2011

Bogleheads :: View topic - Investing Guidance/Tips For My ...

Hi everyone! Here's my current situation

Age: 24, single, renting with roommate
Location: Southern California
Salary: $67,000
Debts: $0, no car payment

Emergency Fund: $7,000 (I spend $1500 on average including rent)
401k Balance: $25,000 (Maxed out every year)
Roth IRA: $12,000 (Maxed out every year)
Taxable: $0.00

401k Funds: ODVNX
IRA Funds: VTSMX

I typically have a few hundred left over which go into a house, car, or vacation savings account. My goals are to own a house at some point, and retire early =D

Any general tips to achieve my goals efficiently or even more quickly? with my current funds and investment choices? Should I start trying taxable accounts? Should I wait until my salary increases? Should I diversify my portfolio?

Source: http://www.bogleheads.org/forum/viewtopic.php?t=78940&start=0&mrr=1311540380

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