Tag Archives: beginner

Should You Invest in Your Crappy 401(k) Plan?

We don’t have very much experience with 401k’s, but Lauren’s work just set one up. I was amazed how horrible our options were. Most funds had a front end load of 5% and the manager wanted 1% of our wealth per year for his “advice.”

Unfortunately, despite the lack of options 401(k)’s are usually worth it. Between a company match and tax advantages you’ll probably recover a lot of those fees. It’s just a shame we have to pick the lesser of two evils.

Links:
Should You Avoid Your Company’s 401k (Jim Collins) – http://goo.gl/SOiCRI
How to Campaign for a Better Plan – https://goo.gl/JnJZF7
Funds Can’t Beat the Market – http://goo.gl/QdplTr
Jack Bogle on Fees – https://goo.gl/FVz03k

Investing for Beginners

We don’t talk about investing for the first time enough. We take for granted that investing in the stock market has become second nature to us. There is also a lot of bad information out there on YouTube.

So, we decided to make a quick overview of the basics of investing. Instead of explaining everything all in one video, we describe how we invest in the stock market and have links below so you can read more about each step:

Can Everyone Retire A Millionaire? http://goo.gl/xmJbno
The 4% Rule – http://goo.gl/4kW3zS
Pay Yourself First – http://goo.gl/Q5AyrD
Automate Your Finances – http://goo.gl/unc3Zc
Why We Chose IRA – http://goo.gl/JF27H3
IRA vs. Roth IRA vs. 401k – http://goo.gl/qD5yBh
Why Vanguard – http://goo.gl/ZoSp6a
Why Index Funds – http://goo.gl/GO1Sy6
Why Index Funds, Again – http://goo.gl/kj0i3E
The Stock Market Always Goes Up – http://goo.gl/1TJWtP