Wednesday, January 31, 2018

Vanguard Is Finally Starting To Scare The Rest Of Wall St.

Vanguard is known for providing low-cost index funds whose returns are just about impossible to consistently beat and savvy investors are beginning to plow money into their funds in greater and greater amounts. Their combination of rock bottom expense ratios and hands-off, non-active stock trading investing methodology makes them incredibly attractive. I hope this means that people are beginning to take notice of what those of us in the personal...

Wednesday, January 17, 2018

Your Roth 401(k) Isn't Really A Roth 401(k)

Roth IRAs and Roth 401(k)s are some pretty powerful tools for retirement planning. They allow you to invest post-tax money now and withdraw both your contributions and their earning tax-free when you retire. These plans are especially great for young people who, presumably, have a long time until they retire because they can have years of tax-free earnings growth. I participated in a company Roth 401(k) at the last couple of jobs I had. Last...

Wednesday, January 10, 2018

Warren Buffett Wins His $1,000,000 Bet

Ten years ago, Warren Buffett bet hedge-fund manager Ted Seides that an investment in a passive index fund would outperform a handful of hedge funds over a 10 year period. The bet was for one million dollars, which would go to the charity of the winner's choice. That bet has now officially ended and, no surprise, Buffett won. His index fund of choice, the Vanguard S&P 500 Index Fund Admiral Shares (VFAIX), returned a 7.1% annualized return...

Wednesday, January 3, 2018

Goal Update: End Of December 2017

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of December, 2017 Current value: $39,379 Change from last Month: +1,829 Percent of Goal:  36.21% Note that the funds in this account...