Re: The Investment Thread (help with savings, stocks, retirement funds, etc.)
I've been doing a lot of activity lately. I left Franklin Templeton due to their high expense ratios. I was paying something like 2% for my IRA and investment account and a $15/year maintenance fee. Luckily I was only there less than a year so I realized my mistakes early. Of course I got nickle and dimed when I transferred all my accounts.
I moved to Vanguard, which seems to be the investment company of choice along with fidelity due to their low expense ratios. I've been really pleased so far with how knowledgeable they are on the phone. My Roth IRA is a target date 2050 and I have an aggressive growth non-retirement investment account.
I've been pleased with Barclay bank so far for my savings account. It is nice seeing that I make more in one month in interest than I did in one year with my shitty bank account.
I try to read reddits subform /r/personalfinance for some tips. most of those people come from the Dave Ramsey school of eliminating debt, getting your money to work for you, and using credit cards to your advantage. Those are all things that I am trying to do.
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Not all readers become leaders. But all leaders must be readers.
The longer I live, the more I read, the more patiently I think and the more anxiously I inquire; the less I seem to know.
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