Early Retirement Forums

Go Back   Early Retirement Forums > General > FIRE and Money





Reply
 
Thread Tools Search this Thread Display Modes
Old 12-21-2006, 03:34 PM   #1
mickeyd
Thinks s/he gets paid by the post
 
mickeyd's Avatar
 
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 2,288
Interesting ER article


Quote:
It isn't out of the question for Joe to retire early, say financial planners Jenny Curran and Bill Prewitt of Charleston, S.C. But in order for him to do so, the Raspantis will have to give their finances a serious overhaul.
Quote:
Lower investing fees Most of Anne's $90,000 IRA is invested in mutual funds that charge up-front costs as high as 5.75 percent, plus 1.5 percent in annual expenses.

Curran and Prewitt advise her to switch to no-load index funds at a company such as Fidelity or Vanguard, where the fees are often less than 0.25 percent per fund.
Bad start, but good finishing touch. $5175 commission paid so far plus $1350 in annual expenses! Vanguard will reduce it to $225/yr. What are they waiting for?


http://money.cnn.com/magazines/money...ex.htm?cnn=yes
__________________
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mildly interesting article in Slate about why it's barely worth it to invest SLC Tortfeasor Young Dreamers 11 04-16-2007 10:54 AM
interesting article on SWR simple girl FIRE and Money 6 12-12-2006 05:03 PM
interesting article bosco FIRE and Money 21 09-19-2006 07:37 AM
Interesting article on "Do what you love" Jay_Gatsby Other topics 4 01-21-2006 03:00 PM
Interesting article in New York Times Traveler Other topics 17 05-19-2004 05:21 AM


All times are GMT -6. The time now is 06:14 PM.

Other Social Knowledge forum communities:
Cooking Forum - Sailing Forum - Early Retirement - Airstream Trailer - Aquarium Forum - Royal Forum - Book Forum - Volkswagen Touareg Forum - Jeep Wrangler Forum - Whitewater Kayaking & Rafting Forum - Fiberglass RV Forum - RV Forum - Truck Conversion - U2 Music Forum
Social Knowledge Networks
Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.2.0