Bruce and Mark work for a mid-sized technology company and they both have been contributing to 401k for years together . They learn at the year-end benefits meeting that a low fee Index fund will be added to their 401k plan from beginning of the next year. Bruce says “I am going to transfer allContinue reading “What is the right time to sell your old fund and change to a new fund?”
Tag Archives: Retire Rich
Target Funds or Index Funds?
Many people invest their 401K contributions in Target Funds based on their planned retirement year. Target Funds are composed of different financial instruments like stocks, bonds, commodities. They claim to have a magic formula which calculates what percentage of your contribution should be allocated to each asset. By this approach they mitigate risk against anyContinue reading “Target Funds or Index Funds?”
Manhattan was sold for $24 dollars in trinkets…
Peter Minuit worked for Dutch North American Colony in the early part of 1600s. Why are we talking about him? You say. He made the greatest trade ever! If it is to be believed he purchased Manhattan island for the Dutch from Lenape Native Americans for $24 in trinkets. What is Manhattan worth today? ItContinue reading “Manhattan was sold for $24 dollars in trinkets…”
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