The end of the year is full of things to do: Celebrate the holidays with family, prepare for the winter, get your tax information together, etc. But one very important chore we often forget to perform is re-evaluating our investment portfolios. Unless you review them, how do you know if the investments you own are performing well? Are they still helping you to reach your goals? Are there better choices out there? This is exactly what I’m looking to do with our Roth IRA funds. Both my wife and I both have a Roth IRA through Vanguard which we max out every year. Our belief is that these Roth IRA’s will help us to get tax-free income during retirement or possibly serve as a vehicle to help us fund our early retirement. To a new or … [Read more...] about My Picks for Vanguard Mutual Funds for Our Roth IRA
Morningstar
How to Pick Good Mutual Funds for Your 401k or Retirement Plan
Let me see if I can describe how your employer 401k or 403b retirement plan orientation went: • You all walked into a meeting. • An HR administrator handed you a folder chucked full of loose documents. • You were released with little direction and told to bring the papers back all filled in. Am I close? It’s pretty sad that something so important to our livelihoods later on in life is treated as another routine task. There are many things that should be explained to you when you sign up for your 401k (click here for my complete guide on this topic). But if there’s one thing where people REALLY need help, it’s deciding which mutual funds to pick for their plan. Past returns? Large cap / small cap? Expense ratios? What does all this … [Read more...] about How to Pick Good Mutual Funds for Your 401k or Retirement Plan
