Vqnpx

I tried initially to invest $ 3,000 in a Roth IRA. I am a novice investor 27 years old.

This specific fund has not been a real great artist over the years. Annualized return is 10 years - 2.6%. Does that sound to you like a good investment long term? Of course, putting it into context, the last 10 years have not been all that great for most mutual funds. But if you look at the portfolio that you see a real couple of duds in the top 10 holdings GE and BAC. Not all Vanguard funds are of this nature. One that has a better record and is highly regarded Wellington Fund. It is a balanced fund - which it holds shares and bonds. His 10 years has returned 3.9%.

VGHCX is a sector fund - health care. His return to 10 years is better than 7%, a very, very little. Being a sector fund if it is not really appropriate for someone just opened an IRA account - a risk to put all your eggs in one basket with.

Vanguard is a good Conservative Mutual Fund Company. They just recently changed the management company that operates the fund (VQNPX).

It is "OK". it must be enforced in the same way ......... This fund is fairly basic. Better than many out there .. Cheap (which is good). But ... it will never be an "out" position.

It is a great thing you do (Roth IRA). It may be time to learn more.

Read:
Mutual Funds for Dummies
(Learn more about "asset allocation" ... create a model that works for you ).....

If you are serious to invest and you are over 18, you can Google for HSFX Asset Management and start making consistent returns!