Nov
18
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 [...]
Sep
10
Why I'm not Contributing to my 401(k) at Work
September 10, 2008 | 2 Comments
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. [...]
Jul
18
How Uninformed Investors Keep the Stock Market Moving
July 18, 2008 | Leave a Comment
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 [...]
Apr
1
Retirement Revolution – Part Two
April 1, 2008 | 2 Comments
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 [...]
Feb
6
My Attempt to Add Index Funds to the Company 401(k)
February 6, 2008 | 3 Comments
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 [...]