This is one of my favorite times of the year with NCAA football bowl season coming up, and holidays, and vacations and all. But a big thing Im looking forward to; is 2010 Roth IRA contribution time.
Im not big on DCA into my Roth, so after my projected hangover on the first of January, the next thing on my to-do list will be to dump that 5k into my retirement, and purchase an index fund. I still havent decided which one, but thats the fun part.
Right now Im shopping. I worked hard to save my 5k for this project, and now Im almost done waiting, and I get to spend. Spend like a trophy wife!
I dont know what to buy. It all looks so good!
I like Vanguards total stock Market Index, but I already own that in a taxable account. I may add to my VFINX position, but I think I may have enough exposure to large-caps. What I need are small & mid caps, and anything foreign. Maybe an emerging markets index fund. Or maybe Ill go a totally different route, and buy a REIT or commodities index, ETF or ETN. (I dont know if there are any commodities indexes?) I could always use more bonds, maybe some TIPS. I still dont own any target retirement funds. Maybe Ill look into those. It all looks so good! I want them all! Im so excited!
Hopefully the market will stay low for me, going into 2010.
What about everyone else? What are you gonna buy?