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A comment on Things I Wish I’d Been Told: Tips For Students with a Bachelors in Computer Science. Parent comment

Re:Things I Wish I’d Been Told: Tips For Students with a Bac... by patio11 on Thursday February 26, 2009 @03:38AM (#495653)
Buy a total market index fund. That is literally everything you need to know about asset selection if you start an IRA in your twenties.
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Re:Things I Wish I’d Been Told: Tips For Students with a Bac... by falsestprophet on Thursday February 26, 2009 @06:19PM (#496590)
Standard and Poor 500: http://www.google.com/finance?q=SPY http://en.wikipedia.org/wiki/S&P_500

Russell 3000 Index: http://www.google.com/finance?q=IWV http://en.wikipedia.org/wiki/Russell_Indexes

These are highly correlated over the short run, but technically different investments. So, you can get cute with the taxman by writing off a loss on one and buying into the other every down year.

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