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Vanguard or T. Rowe Price MF

post #1 of 2
Thread Starter 

I'm 18 and setting up a mutual fund designed for retirement.  After some research, I found that Vangaurd and T. Rowe were two of my best options.  The only issue now is, the two companies handle the funds very similarly.  If anyone had any opinions on either company or maybe some specific areas I should dig into more, it'd be appreciated.  

Also, I wonder if I should invest in a growth, international, or tech specific MF instead and switch to a more conservative one in the future? Opinions?

post #2 of 2

Congratulations on starting so early!

 

Vanguard and T. Rowe are very similar, I dont think it will make much of a difference

 

Since you are 18, you can take on some risk and volatility in tech, growth and emerging markets. As your portfolio grows and you get older, you will start switching into more balanced funds for capital preservation.

 

 

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