Lisa99
Thinks s/he gets paid by the post
- Joined
- Aug 5, 2010
- Messages
- 1,440
Thank you SO MUCH for putting us realistically on the road to FIRE. We have a decent amount of money invested but it was with Ameriprise and if it would have stayed with them our chance of FIRE was nill.
Less than 10 days ago I found this site and the often referenced Boglehead's forum. In my investing naivete I had no idea that a front end load fee of 5% and an expense ratio of +1% was bad!! Even worse, Amerprise had sold us a VUL which we absolutely don't need.
In the last week I've read 'The Four Pillars of Investing' and 'Bogleheads' Guide to Investing'. I've contacted Ameriprise to liquidate our entire account and have already opened our new Vanguard account. I know our asset allocation and which funds we'll be moving into....and since we're making this so simple I can start doing our taxes again which will save another $400/year!!
I had an initial goal of having this all done by December 31. But this is a no-brainer and so simple to do that it will take less than a month.
THANK YOU, THANK YOU, THANK YOU!!!
You are all my heroes
Less than 10 days ago I found this site and the often referenced Boglehead's forum. In my investing naivete I had no idea that a front end load fee of 5% and an expense ratio of +1% was bad!! Even worse, Amerprise had sold us a VUL which we absolutely don't need.
In the last week I've read 'The Four Pillars of Investing' and 'Bogleheads' Guide to Investing'. I've contacted Ameriprise to liquidate our entire account and have already opened our new Vanguard account. I know our asset allocation and which funds we'll be moving into....and since we're making this so simple I can start doing our taxes again which will save another $400/year!!
I had an initial goal of having this all done by December 31. But this is a no-brainer and so simple to do that it will take less than a month.
THANK YOU, THANK YOU, THANK YOU!!!
You are all my heroes