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vt90

Joined: 12/12/1998 Posts: 44906
Likes: 24266


Spoke to my financial planner on Monday ...


and he reminded me of something I should know as a guy with an engineering degree and a math minor. If you don't review your 401k investments regularly and 'shoot the dogs' (his phrase, not mine) you are wasting A LOT of money. I found several investments in both equities and bonds where I could easily make 3-4% more per year. I have spent the rest of the week reviewing each investment and finding better options where necessary. Over a 5-10 year period the difference is well worth your time. Obviously this isn't something that should be done every month but not checking it periodically and making adjustments is just leaving money on the table.

Posted: 10/27/2021 at 10:30AM



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Current Thread:
 
  
Spoke to my financial planner on Monday ... -- vt90 10/27/2021 10:30AM
  That seems like almost the opposite… -- Hungry Joe 10/27/2021 2:59PM
  I do that as well and it is a great idea ... -- vt90 10/27/2021 3:04PM
  That makes a lot more sense. ** -- Hungry Joe 10/27/2021 3:40PM
  Bit the bullet yesterday ... -- OXVT 10/27/2021 11:02AM
  I moved away from Ric. -- VT Pops 10/27/2021 10:45AM
  …slick Ric -- chumley 10/27/2021 11:11AM
  Vs Ricky "the dragon" steamboat? ** -- ColoVT82 10/27/2021 12:02PM
  I have decided ... -- vt90 10/27/2021 10:55AM
  I have a buddy who retired at 55 -- mancunian 10/27/2021 1:06PM
  He could drive a school bus! ** -- Mighty Fine Catch 10/27/2021 4:46PM
  Slow rolling retirement is a good plan -- Happy Dog 10/27/2021 11:39AM
  What kind of STD do you have? -- statmanfromHCyrs 10/27/2021 11:25AM
  Prayers ... -- vt90 10/27/2021 11:19AM
  A hairnet would look good on you ** -- Brown Water 10/27/2021 11:39AM
  Ha! ** -- FfxStationHokie 10/27/2021 11:48AM
  Indeed. I will identify as a lunch lady. ** -- vt90 10/27/2021 11:40AM
  If I had Health Insurance (to 65) I could retire tomorrow :( ** -- FfxStationHokie 10/27/2021 10:56AM
  It is not as expensive as you think ... -- vt90 10/27/2021 11:00AM
  Yup ** -- VT Pops 10/27/2021 10:57AM
  ^^^ so true -- FfxStationHokie 10/27/2021 10:52AM

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