What is the number 1 vanguard fund you would advise a 29 year old to invest in? I am currently putting money into the target date index fund 2060 but someone told me I should move it to the vanguard US growth fund. What do you think is smarter?

What is the number 1 vanguard fund you would advise a 29 year old to invest in? I am currently putting money into the target date index fund 2060 but someone told me I should move it to the vanguard US growth fund. What do you think is smarter?

I think you’re in the perfect fund (VTTSX). It’s exactly what I would do.

I suspect the reason someone is suggesting the US growth fund, is because it just recently did well. But you don’t want to buy the thing that just went up a lot (that’s called “chasing past performance”). You want to buy the thing that’s going to go up a lot in the future. Since we can’t know what that is, we buy broad market index funds… which is exactly what you have in your account!

Here’s some more posts where I talk people out of chasing past performance: