Comments | dianaca4: I am reaching old age.

dianaca4

I am reaching old age.

Mar 10, 2007 00:31

Wow. I just finished watching V For Vendetta, and it was amazing! Whenever I see a movie that forceful it makes it abslutely ridiculous that I actually sit through shit like The Break Up (which I watched last weekend ( Read more... )

Comments 6

anemone March 10 2007, 13:24:32 UTC

You can always extend your tax-filing deadline, something I learned from S, who once filed three years at once.

Having read A Random Walk Down Wall Street, I'm a believer is low-expense funds. The two inexpensive companies to use to set up an IRA are TIAA-CREF and Vanguard. TIAA-CREF has lower minimums but slightly higher expenses than Vanguard. Vanguard is virtually unbeatable on expense ratio ( ... )

dianaca4 March 10 2007, 15:07:07 UTC

Thanks for all the info!

Huh, I was thinking of purchasing a Vanguard index fund (since that is what Suze Orman recommends in The Money Book for the Young Fabulous and Broke, but I was under the impression that I could set up an IRA anywhere and then buy funds I want. So, I started to set up an account with the MIT Credit Union, and was going to buy some funds to put in that account. Is that not possible, or not recommended? Will Vanguard charge me extra if I don't keep their fund in a Vanguard account?

anemone March 11 2007, 03:10:43 UTC

Will Vanguard charge me extra if I don't keep their fund in a Vanguard account? You can buy Vanguard funds from anywhere, and so far as I know, Vanguard doesn't charge you extra for it, but the third party generally will charge you. I don't particularly know about the MIT credit union, but Schwab, for example, will. It's reasonably small fee, about $25 per transaction, but still a annoying. Most places I've seen charge similar fees. Paying that might be worth it to keep all your money in one place, though you can also buy outside funds via Vanguard (for a fee). (Also, while my credit union offers IRAs, it doesn't offer the sort where you can put money in mutual funds ( ... )

dianaca4 March 11 2007, 16:06:04 UTC

Okay, I definitely think I'll want to keep all of my money in one place, just for reasons of less hassle. I'll look into what the MITCU charges and then make a decision...Vanguard definitely sounds like a good choice. Thanks!

to be honest... stephentyrone March 10 2007, 20:42:34 UTC

I wasn't that impressed by V for Vendetta. Touches on some good ideas, gets too hung up on filler to really explore them. The Benny Hill scene is incredible, though, one of the funniest things I've ever seen in a movie, and a nice touch of comic relief.

As previously noted, no-load index funds are a great choice if you don't want to spend much time thinking about your investments. Depending on your feelings about the future of the dollar, you may want to look into an international fund as well.

Re: to be honest... dianaca4 March 11 2007, 16:10:27 UTC

Really, what did you think was filler in the movie? I can't seem to think of anything that seems unecessary thinking back...

I definitely don't want to spend time thinking about my investments, at least not now. I what you might call a bad investor :) But I do plan on purchasing an international fund as well, for "divesification", as soon as I can. Possibly some eastern europe fund.