Originally Posted by Brat
I read that this is a stock picker's market but I want an array of large-cap stocks that Vanguard seems to think are growth: VUG
I want pharma/health care but am in no condition to know which would be best. Thoughts on XLV
From what I am reading VUG is not a managed fund, but is rather an index fund.... IOW, Vanguard isn't doing any stock picking... just following the index.
But the bigger question is whether you should have stocks in an IRA at all.... probably not if your tax-deferred percentage of total is less than your bond percentage target.