[mattbrewsbytes]

If you mean 4-5% annual average return, just stick it in a total stock market index fund. There's no reason to pursue interesting or creative ideas or even spend any brain power researching all sorts of options.

Since its inception in 2000, VTSAX has an average annual return of 7.18% [0]. That's 20 years, multiple US presidential administrations, multiple people running the Federal Reserve, and a big economic downturn (2008) thrown in. It's boring and won't give you any cool stories to tell at parties but you'll likely get the 4-5%.

[0] https://investor.vanguard.com/mutual-funds/profile/performan...

[andrewmcwatters]

At 5 million, you're in VITSX, not VTSAX.

[perl4ever]

If you really care about the difference between 0.03% and 0.04% expenses, then the logical thing to do would be to choose VTI. What's the advantage of VITSX, especially if you have exactly the minimum?

[andrewmcwatters]

You're either owning VTI, or afaik, automatically moved to institutional shares when you own the mutual fund class. It's not about purchasing at a minimum.