Now the options as to where to place those retirement investment dollars are quite simple in our opinion. Vanguard Funds is adding $1 billion dollars per day currently and the reason is simple they run dirt cheap funds. Vanguard is truly investor owned and tight expense managed unlike funds that are owned by shareholders or majority owners like ALL other funds. So the first place to place funds in Vanguard is in the 500 index fund. The symbol VFIAX for the Vanguard 500 Admiral Fund, there is also an ETF for this fund, should see at least 75% or so of your assets. The other 25% or so should be in Vanguard Primecap fund or Vanguard Capital Opportunity Funds. Both those later funds are stock growth funds and in this new Trump pro-growth economy makes for excellent choices for riding a growth economy. Unfortunately neither fund is currently open to current Vanguard customers who do not already own the funds or the general public. The funds will at some point open back up and the first ones allowed to add money will be Vanguard customers which is another excellent reason to own the Vanguard 500 Index Fund.
Primecap advisors have proven over time to be the best in the business for stock selection in growth segments and they prefer dealing with only a certain amount of assets, hence the closing for new money. As a current Primecap investor we like that and once you get aboard you should appreciate that as well. The good news is there is another opportunity to take advantage of Primecap advisors and that is through the Primecap Odessy Fund Symbol POGRX also has a below average 65 basis point expense ratio which we like as well. So we suggest as we move into a pro-growth economy some of your assets should be in a growth environment and this fund fits the bill.
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