“Vanguard’s product lineup across all asset classes and styles now has an average expense ratio of 0.06%”
– The late Vanguard founder Jack Bogle often said, “In investing, you get what you don’t pay for.”
“Vanguard’s product lineup across all asset classes and styles now has an average expense ratio of 0.06%”
– The late Vanguard founder Jack Bogle often said, “In investing, you get what you don’t pay for.”
This is a good question when seeking financial advice. Ofc some successful folks will advise you for the low, low price of a book. Here are two of the best.
Read “The Bogleheads’ Guide to Investing” by Mel Lindauer first as an intro. Then read and follow “The Simple Path to Wealth” by JL Collins.
I highly recommend these #finance / #wealth books & resources:
- Berkshire Hathaway Letters to Shareholders (1965-2014 https://www.amazon.com/Berkshire-Hathaway-Letters-Shareholders-Buffett/dp/0615975070, mostly available here: https://www.berkshirehathaway.com/letters/letters.html
- #Bogleheads Guide to Investing (in the meantime, reading https://www.bogleheads.org/)
- Developing financial wisdom: https://www.bogleheads.org/forum/viewtopic.php?t=45311
Level up your $$$ knowledge, and share it with your good people!
Looking Back on Jonathan Clements’ Best Moments
Down the Middle | Creative Planning
https://creativeplanning.com/podcast/jonathan-clements-best-moments/
“I faced the final months not with sorrow, but with great gratitude. I had spent almost my entire adult life doing what I love and surrounded by those that I love. Who could ask for more?”
#bogleheads https://humbledollar.com/forum/farewell-friends/
@VergaraLautaro For those of us who aren't billionaires, you can just buy VTSAX and hold. Time in the market beats timing the market
What would John Bogle do?
Checked my humble retirement accounts to make sure things weren’t too wacky. It’s fine, no action needed. #BogleHeads
Christine Benz: How to Retire
Morningstar’s director of personal finance discusses her new book, the bucket approach, and why retirement shouldn’t be a math problem.
#bookstodon #booktoot #personalFinance #retirement #bogleheads https://www.morningstar.com/personal-finance/christine-benz-how-retire
“#Vanguard is lowering the cost of investing. Effective February 1, 2025, the firm reduced fees on 168 share classes across 87 funds.”
#MutualMutualFundCompany #Bogleheads https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/announcing-largest-fee-cut-vanguard-history.html
Anybody and everybody eligible to fund a Roth IRA really would be wise to fully fund said investment and use a well-regarded total market index fund as the vehicle.
How to Retire
Christine Benz
#bookstodon #bogleheads https://sno-isle.bibliocommons.com/v2/record/S121C2153261?locale=en-US
This 👇🏼
Low expense ratio, low turnover, total market (or S&P 500) index (or ETF based on said index) mutual fund. #VOO #VTI #Bogleheads #StayTheCourse https://mastodon.social/@danielpunkass/113517641663576623
Should You Count Social Security as a Bond?
The right answer depends a lot on the retiree’s risk capacity as well as risk preferences.
#BogleHeads #RetirementPlanning #ChristineBenz
https://www.morningstar.com/personal-finance/should-you-count-social-security-bond
What is the best vehicle for your retirement funds (401k 403b RothIRA) and why is it VTI/VOO?
I would like to hear from the current and future employees of #Vanguard that they have read John Bogle’s book “Enough” and that they agree with it, take it to heart, and will comport themselves accordingly.
Indications are they do the opposite. Prime example is voting in favor of the compensation package for the CEO of Tesla.
Nevada’s public employee pension fund invests passively and beats peers (2016)
https://www.wsj.com/articles/what-does-nevadas-35-billion-fund-manager-do-all-day-nothing-1476887420
Can You Open a Roth IRA With Your Child?
“There are some good reasons to consider opening an IRA for a child if they’re already earning money. One of the most obvious advantages is that time is on their side when it comes to saving.”
#Vanguard #VOO #ETF #IndexFund #CompoundInterest #VTI #JohnBogle #BogleHeads #MutualFund https://www.investopedia.com/open-roth-ira-with-your-child-5220429
#Investing #Bogleheads #IndexInvesting #Stocks
An interesting video about index investing!