Quote:
Originally Posted by rydogg58
Well, I went 100% out of everything last Thursday also. I was also planning on putting a nice chunk of change into a new vanguard account last week also, but just didn't feel it was the right time. I might do that later on this week.
I already have a Vanguard account that is comprised mostly of their etf's, but was thinking of opening another account just for mutual funds. The reason being, I can have a regular withdrawal into the new fund. I want to have it automatically drop 100 each friday into the account. I've read around and vanguard says that only mutual funds can have automatic deposits on a regular basis. Does anyone else do this? The wife and I both have 401k's through our work, I am just looking for something else that doesn't require me to remember to move money in and out of different accounts.
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Yup. That’s how I deposit into my ROTH IRA. Monthly automatic deposits into various mutual funds. Set and forget!