Part 5/8:
Currently, Lauren's investments are concentrated solely in the stock market. She feels comfortable with this avenue, finding it manageable and straightforward. By focusing on low-cost index funds and Target Date Retirement Funds, she ensures her portfolio is diversified while keeping fees low. Moreover, she advocates for automating investments to simplify the process and minimize obstacles that might deter consistent investing.
Her investment portfolio includes:
Two Roth IRAs
A 401(k) through her husband's employer
Contributions to a Health Savings Account (HSA) for medical expenses
A taxable brokerage account for additional investments