On 4/7/2012 9:07 PM, gregz wrote:
gonjahgonjah.net wrote:
On 4/7/2012 7:44 PM, gregz wrote:
gonjahgonjah.net wrote:
I've got to put some money ( $5k but less than $10k) in a IRA to avoid Fed income taxes

Anyone have a suggestion on which Vanguard fund they would pick?

Sorry for the OT post and my lack of $ knowledge. I've got until April 15.

Jim
You put money in determined by the markets. I don't think things are going
to get better any time soon. Right now I would remain mostly cautious.
Stick half in vanguard retirement fund. Put the other half in whatever year
your retiring, like vanguard retirement 2020 .

Greg
Wow. I had no idea that's what those numbers meant. Do you know what
Expense Ratio I should be looking at?

BTW: I'm 57 and my wife is 52.
I would have to look up expense ratio ??

Greg

I think it has to do with the cost of administering the fund.


"Definition of 'Expense Ratio'

A measure of what it costs an investment company to operate amutualfund
http://www.investopedia.com/terms/e/expenseratio.asp#. An expense
ratio is determined through an annual calculation, where a fund's
operating expenses are divided by the average dollar value of its assets
under management. Operating expenses are taken out of a fund's assets
and lower the return to a fund's investors."

Sorry for the sloppy cut and paste.

The Vanguard site has some info I need to review too.