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I'm about to start being paid for a job, and I was looking at investment advice from LW. I found this thread from a while back and it seemed good, but it's also 4 years old. Can anyone confirm if the first bullet is still accurate? (get VTSMX or VFINX on vanguard, it doesn't matter too much which one.)
If you want to take one more step of complexity (and assuming you have at least $6000 to invest) you can split your money between VTSMX and VGTSX as Unnamed mentioned. In doing so you would be diversified across the global economy, instead of just across the US economy. You would want 20% to 50% of your funds that are in stocks to be in international stocks.
Vanguard Target Date funds (e.g., VFIFX) are also a good option if you want something you never have to manage, and they have a minimum investment of $1000. They allow you to invest in a pre-determined ... (read more)