Commonsense plan in four steps
Vanguard has a time-tested investment method that doesn't require that you monitor the markets or follow the Federal Reserve Board's interest rate debates. Just the opposite, in fact.
In less than an hour, you can set up a long-term investment plan tailored to your personal circumstances for goals you want to reach two years or more in the future. Once your plan is up and running, a once-a-year checkup is all that's recommended.
Just follow these four steps:
- Identify your goals. Knowing what you want will help build your investment foundation.
- Complete the Investor Questionnaire. Tell us a little about yourself. We'll suggest an approach based on your investment experience, your risk tolerance, and how long you have to invest.
Choose your asset allocation
. The proportion of stocks, bonds, and short-term reserves you own for a given goal is the blueprint for your investment portfolio.
Select your investments
. It's not hard to select funds once you have an investment blueprint in hand. Or, if you prefer, you can put these decisions in the hands of an experienced professional.
All investing is subject to risk. Investments in bonds are subject to interest rate, inflation, and credit risk.
Invest for long-term goals