What do you guys think about Vanguard Target Retirement 2050 (VFIFX)?

Question

i have 30+ years. do you think this is they way to go? or this is a waste? OR should i be more aggresive? thanks ( i just dont like the 10% bond part. I rather go all large cap.

http://finance.yahoo.com/q?s=VFIFX

Answer 1

The whole idea of a target retirement date fund is to provide an appropriate asset allocation.  If you "don't like the 10% bond part," then asset allocation funds are not for you.  What you invest in is your choice.

Answer 2

The T. Rowe Price equivalent is better (managed vs. indexes).

You could get two funds in each of the following categories (Growth & Value);

Large Cap

Mid Cap

International

But if you're not inclined to learn this stuff (by reading a book or two).......... then stick with the "target funds" from T Rowe Price.

Answer 3

View It Now    FinanceExtends (dot) com

Answer 4

When you use a Target Retirement Fund you are essentually turning your retirement funds over to someone else to manage for you.  In this case Vanguard.  Whether their allocation scheme is good is a matter of conjecture.  Only time will tell.  For my part I tend to be in agreement with Common Sense.  I too prefer the T Rowe Price allocation scheme over the Vanguard scheme.  However, they both contain a dollop of bonds. There are two essential differences between the 2.  1.  Vanguard is allocated to a collection of unmanaged index funds whereas Price is allocated to a collection of managed funds.  2. Price is allocated to a larger portion of foreign investments.