Money Hackers Blog Network

Attacked By Vanguard

I’m writing this out of pure disbelief. Back in November I received a threatening e-mail from someone in Vanguard’s legal department. I would gladly post the e-mail in its entirely, but they will probably sue me if I do since it contains a confidentiality statement. Nevertheless, I will describe enough of the e-mail so that [...]

The Great Portfolio Pummeling of 2008

A New Year is upon us. At the end of a year, I normally have feelings of pensiveness and of reflective nostalgia about the year past and the inexhaustible marching forward of time.

This time, not so much. Sure, I still have those nostalgic feelings on a personal level, but economically, I’m ready to kick 2008 [...]

Opening a Roth IRA on a Budget

A reader recently asked me about starting a Roth IRA with a minimal opening amount (less than $500), and I think it’s a good question. Most of the major companies expect you to have a substantial initial investment (usually 2-3k), so what can someone who doesn’t have that much do?

It doesn’t seem fair to indirectly [...]

2006 IRA Investment Deadline – April 17, 2007

If you have an IRA (and you should!), the deadline for contributing money allocated for 2006 is April 17, 2007. After that date, any money that you invest is considered an investment for 2007.

I have both a Roth IRA and a Traditional IRA, but right now I’m only contributing to the Roth. I have [...]

My Current Retirement Fund of Choice

Vanguard Target Retirement 2045 Fund (VTIVX)

As I mentioned previously, I recently moved my Roth IRA from American Funds to Vanguard. When I transfered, I placed all my money in the Vanguard STAR Fund (VGSTX) initially, which only requires a $1,000 minimum. Recently I contributed enough money to break the $5,000 mark, and this was my [...]

Roth IRA Transfer

(Vanguard legally obligated me to remove their logo image from this post. Why? Because they’re a bunch of assholes. I still dislike “loaded” mutual funds, but I like Vanguard even less.)

Today I transferred my Roth IRA from American Funds to Vanguard. Why, you ask? It’s simple. There is not much money in it, but the [...]