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Jun 1, 2016
11:52
:03
am
bretonnia
All-American
I really liked it. It pretty much outlines exactly what you suggested, so maybe
you don't need to read it.
I plan on reading "The elements of investing" this summer.
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bretonnia
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Delicate Genius
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bretonnia
Joined
Dec 1, 2001
Last login
Nov 2, 2016
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Messages
Author
Time
If you don't know how to start investing and only have $100/month (w/links)
Acorn
6/1/16 6:28am
Thanks for the info. I have wanted to start, but it is a daunting task
phageman
6/1/16 6:37am
Dave Ramsey always quotes that $100 a month for 40 years will make you a
TheLoneCougar
6/1/16 6:50am
12 percent is quite the annual return.
Random Walk
6/1/16 6:53am
There are a number of funds that achieve this.
Cougarrrs
6/1/16 7:25am
Uhmm, you're backtesting your investment strategy over a pretty significant
My Soapbox
6/1/16 7:39am
I only used 5 years because my Morningstar subscription expired a while back.
Cougarrrs
6/1/16 7:43am
12% over 40 years would indeed be a rare find
workindev
6/1/16 7:45am
True, because most funds don't last even 20 years before they're merged
Cougarrrs
6/1/16 7:52am
The Stock market has averaged roughly 10% since its inception.
TheLoneCougar
6/1/16 2:15pm
no one is going to make $1MM over 40 years by investing $100/month in the stock market. Why? Because they can't and
HarlemCoug
6/1/16 7:00am
I've averaged more than that over the last 22 years...
CoachSpeak
6/1/16 7:58am
In your opinion, I have taken the challenge and have been exceeding 12%
TheLoneCougar
6/1/16 2:16pm
Ramsey should limit his advice to getting out of debt - his investment advice is very misleading
Jersey hunter
6/1/16 7:07am
I actually think Ramsey does more good than harm
Acorn
6/1/16 7:17am
Why isn't it that simple. It has worked for me and I have very happy with the
TheLoneCougar
6/1/16 2:17pm
this is the one of the reasons I think he's a clown. his get out debt advice is
Mayor of Cougartown
6/1/16 4:37pm
Well I'm on pace to have a retirement account close to 5-10 million then.
Bert609
7/12/16 8:25am
This is great advice. Also, when there's blood in the streets, keep a cool head
Pimpin4Paradise
6/1/16 7:00am
Sounds good. I'm in. Where can I find this Schwab guy? He takes cash, right?
Hambone
6/1/16 7:15am
I believe he also has a food delivery business.
Grit for Brains
6/1/16 7:29am
Tire stores too.
Superkid
6/1/16 7:33am
You can send me the money, he's my neighbor, I'll get it to him
jaredm
6/1/16 7:42am
<< Deleted >>
BYUCoug11
6/1/16 7:35am
<< Deleted >>
Acorn
6/1/16 7:50am
<< Deleted >>
BYUCoug11
6/1/16 8:01am
+ super low fees
sakar12
6/1/16 8:06am
Any reason to choose Schwab over Vanguard Total Stock?
sakar12
6/1/16 7:46am
I would need to check, but I think their minimum is $2,500.
Acorn
6/1/16 7:55am
I think its $1000 for the target retirement funds and STAR fund, $3000 for
workindev
6/1/16 7:57am
It is 3000.
sakar12
6/1/16 8:05am
wouldn't have known what to do without all the hashtags, thanks Ms. Acorn
HoustonCougar
6/1/16 7:54am
LOL. That is how I aggravate my kids. Glad you saw the humor in it.
Acorn
6/1/16 7:56am
Just opened my account with Vanguard a few months ago. Expect me to be back in
bretonnia
6/1/16 8:58am
I love these kinds of posts; thanks for your thoughts. A couple things to add...
Machiavelli
6/1/16 9:26am
Hmmmm. Looks like someone has read how a 2nd grader beat Wall Street.
bretonnia
6/1/16 9:48am
I actually haven't. Sounds interesting though!
Machiavelli
6/1/16 10:35am
I really liked it. It pretty much outlines exactly what you suggested, so maybe
bretonnia
6/1/16 11:52am
Thanks, I just signed up.
JOPE
6/1/16 10:08am
Betterment.com has much lower fees.
CougarMandias
6/1/16 3:32pm
Can you provide some numbers?? I would be surprised if that's true
Machiavelli
6/1/16 4:08pm
As a financial advisor I endorse this post!!
stmarys
6/1/16 8:22pm
Not sure how it edit my last post, but there is a ton of research that supports
stmarys
6/1/16 8:35pm
For the tithing donation in kind, what type of account would you do this from?
CougarBuddy
6/2/16 9:53am
I went to get signed up...
Cougar86
7/4/16 9:39am
A brokerage account for after tax money
Acorn
5/27/18 1:32pm
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