Vanguard Please Stop Nickel and Diming Me

I just got this notice from Vanguard in my latest statement: NEW FEE FOR ALL UVA RETIREMENT PLANS Beginning in the first quarter of 2011, participants in all University of Virginia retirement plans will be charged an administrative fee of $12 per year. The fee will be deducted from each account on a quarterly basis….

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Interesting Survey from Scottrade + A million bucks

Over at Yahoo Finance! – I read this article from Marketwatch – Young investors heading to the Internet for financial help. If you are in your 20s or 30s and are reading this, you must check it out. After having read that, check out this article from Motley Fool – one of my favorite finance…

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Should I put money in my 401 or IRA?

This is one of the very often asked questions on both mimf and mifp. Based on comments on both newsgroups, here is what seems to make most sense: Contribute to your 401 upto your employers match (employer match is free money) Invest in IRA upto the maximum limit (because IRA gives more options than 401) Invest in 401 upto the maximum limit

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