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Hi, everyone, I'm getting ready to start automatic investments in a couple of Vanguard funds, but I wanted to check in with the experts here before I drop the $6000 in minimum investments. I've done my research and read most of the books people here recommend (including "Bogleheads" and "The Four Pillars of Investing"), but I'd like to hear your critiques before I take the first step.
The first thing you need to know is that everything I invest will be taxable. I work in Japan and have no earned income in America, so I can't invest in a Roth IRA. Also, I'm making good money with my job here, but the retirement package is almost nonexistent, so I'm basically on my own to invest for my retirement.
To keep things simple, I'm going to stick with two funds:
Vanguard Total Stock Market Index: 60%
Vanguard FTSE All-World ex-US Index: 40%
I'd like to invest a minimum of $20,000 a year, starting this year and continuing indefinitely. Other information you might want to know: I'm 29, I don't own property or plan to in the next 4 years, my only debt is $8000 in student loans, and I already have about $30,000 in equities (half in a Vanguard 500 Index fund (Roth IRA); half in individual stocks).
So, does this look sensible? Are those the proper funds for a taxable account? Critiques or suggestions? Is this plan too simple? I'm basically just looking for some feedback--there aren't many people around here to talk to about this kind of thing. Thanks in advance.
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