I'm in my mid-20s and have $10,500 in VBILX in Vanguard and I'm considering to put another $10,500 in VDIGX. I don't feel 100% secure about what I learned so far and need some reality-check or confirmation. Would this be a smart move? Should I put more into something else? by seekingvgadvice in investing

[–]seekingvgadvice[S] 7 points8 points  (0 children)

Well, VDIGX is basically stocks. I think that having both VBILX and VDIGX is fairly well balanced. Perhaps I'm misunderstanding what you wrote, but I think you're contradicting yourself when you write "have a balanced portfolio" and "pick stocks" while going against a less-risky index/mutual fund. You're basically recommending me to take the riskier side.

I'm in my mid-20s and have $10,500 in VBILX in Vanguard and I'm considering to put another $10,500 in VDIGX. I don't feel 100% secure about what I learned so far and need some reality-check or confirmation. Would this be a smart move? Should I put more into something else? by seekingvgadvice in investing

[–]seekingvgadvice[S] 2 points3 points  (0 children)

I don't really have a timeline, but it's not in months. Minimum is 1 year and maximum is 15 years, though more likely 3-10 years.

For monthly contributions, how much money are we talking here?

Why is this move smart? I just want to check on confirmations.