Page 1 of 1

My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 3:42 pm
by TopHatFox
I'm officially an investor! Financial Independence here I strive! :mrgreen:

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 3:53 pm
by George the original one
Wow, you are now officially launched as an ERE investor!

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 4:17 pm
by GandK
Congratulations, Zalo!

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 5:07 pm
by Gilberto de Piento
Awesome! Nice job. I'm in vtsmx too.

Aren't you about 20? Remember to have fun too.

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 6:16 pm
by Dragline
Whoo-hoo!

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 6:32 pm
by 5to9
Wow, I can't even imagine where I would be now if I had been this on the ball that early in life. (Not sure i am even there yet). Really impressive.

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 7:04 pm
by workathome
Remember to write down your gameplan/rules now for if you ever see a 30-50% market decline. Something like "I will keep dollar cost averaging" - it can be very trying psychologically for many people (including me!).

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Fri Jan 30, 2015 7:39 pm
by steveo73
Well done. I'm jealous as I'm not there yet. I'm still paying off debt.

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Sat Jan 31, 2015 12:20 am
by humble_fi
Very nice! Congrats on your first step.

I will leave you with a nice article by JcollinsNH where he proposes a plan to build wealth using VTSAX (the admiral fund version of VTSMX).
http://jlcollinsnh.com/2011/06/08/how-i ... to-wealth/

Enjoy your journey to wealth and FI.

Re: My first investment: $5,000 with Vanguard VTSMX!

Posted: Sat Jan 31, 2015 11:15 am
by pooablo
Way to go buddy! :) This is a timely post as I will be opening up trust accounts for my step-kids today who are 10, 13, and 15, respectively. I wish I had a mentor like myself when I was their age!