FYI: DAD GAVE ME $1,000 in the mid-1980s on condition I start an IRA and make my own annual contributions, which I did at least some of the time. He recommended doing business with Vanguard Group, which was headquartered near my hometown of Wayne, Pennsylvania.
I can remember reading about the STAR fund, Windsor II, Wellington, Wellesley, the gold and precious metals fund, and the very highly regarded health care and energy funds. I recall the wonderful letters that Vanguard founder Jack Bogle wrote to introduce each annual report.
Regards,
Ted
https://humbledollar.com/2019/06/father-knew-best/