Switching to Vanguard

November 18, 2008 | 1 Comment

It's official.  Vanguard now has my money and it's all in their Target Retirement 2040 fund.  The best part is, the transition was smooth and painless. If you've been hesitating to move those old 401(k)'s and Roth IRA's, stop procrastinating and just do it. Why did I chose Vanguard? Because the expenses are low and [...]

After some soul searching and fact checking, I've decided it's time to dump the 401(k). I know this sounds like sacrilege to the investing faithful, but I think it's a wise financial move. My company contributes 7.5% of my salary to my 401(k). My employer makes this contribution even if I don't contribute a dime. [...]

I used to wonder how the stock market works.  After all if everyone trading stocks is rational how can so much money be made and lost?  However, so many diverse people and organizations own stock that they are always buying and selling and not necessarily for the best reasons. I was having lunch with a [...]

The US retirement system is about to face its biggest challenge. The baby boomers are starting to retire. What can the baby boomers do to prepare for retirement? What will they do with themselves during their long retirement? Retirement Revolution is PBS show hosted by Paula Zahn. The first part airs on PBS for the [...]

We have a very good 401(k) program at work with a generous matching contribution. I should say that the matching contribution is what makes the 401(k) program so nice. The part of the program that’s not so nice is our selection of funds. We have a decent selection of funds in terms of diversification (meaning [...]