Currently about to dig into Mutual Funds for Dummies.
What books have you more experienced investors found useful?
What books have you more experienced investors found useful?
Most people would be best served by buying low fee index funds. Vanguard has several as do other mutual fund companies. No need to pay high fees these days.Currently about to dig into Mutual Funds for Dummies.
What books have you more experienced investors found useful?
My 401k has vanguard funds as an option. Plus I can use the “self brokerage” to buy other funds of my choosing.Morningstar is a good site to research mutual funds, but plenty of other sites out there with good info. I prefer Fidelity myself, but they're local so they're easy to find.
39. I’ll be 40 in March.SSerian,
How old are you ?
Sounds like you are off to a good start if you already have a brokerage account and contributing to your 401K.
Match your 401k, then switch to maxing your Roth, put the rest into regularly taxed cheap as you can get index funds or etf's. Peruse Bogleheads. Go to YouTube and play John Bogle interviews at least monthly to reinforce the belief that you can't beat the market39. I’ll be 40 in March.
My employer matches 85% of what I contribute up to 6% of my income.
Currently my contributions and employer match is split between a 401k offered mutual fund, company stock and the 401k offered self brokerage account.
Something else I need to look into is Roth. It’s either pay taxes now or later.
Seeing how I’m young, I may need to contribute to my Roth, which is offered through my 401k as well.
My ultimate goal is to “deuce out” at 55 years of age.
Then again, my employer also offers pension and it would take a big hit if I take an early out.