Re: Young poker players and their winnings?
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I don't have the same kind of poker success as the original poster, but I do have about $20,000 to invest. Because of the fee charged on accounts under $10,000, should I stay away from that allocation? Should I instead opt for all $20,000 in the Vanguard Total Stock Market Index fund? Thanks for the advice.
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Putting it all in the total stock market index is fine!
The diversified allocations that you see being presented here are, in general, a passive way to spread your bets. It should be your goal to move in the direction of these types of allocations, once your assets increase, if you intend to stay passive in your investments.
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