Search found 12 matches

by Papajoe56
Fri Apr 12, 2019 9:17 am
Forum: Personal Investments
Topic: Are my 401k fees ridiculously high?
Replies: 32
Views: 2291

Re: Are my 401k fees ridiculously high?

Those fees also dont include the expense ratios of the funds themselves. Most of the funds are .5%. But there is some sort of sp500 index that is .04% Ive been talking to people at work and they are all complete oblivious to the fees and most have less than 10k in there Put all your 401-K contribut...
by Papajoe56
Fri Apr 12, 2019 8:54 am
Forum: Personal Investments
Topic: Are my 401k fees ridiculously high?
Replies: 32
Views: 2291

Re: Are my 401k fees ridiculously high?

In my opinion you are getting ripped off. Just another skim from participants to the union coffers. You may be better off doing IRA if you are not getting a company match. My wife's plan does not have those additional fees you mentioned,and she does not participate in her 401-K plan. The reasons are...
by Papajoe56
Tue Sep 25, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: GISC Changes to Vanguard Technology ETF
Replies: 4
Views: 571

GISC Changes to Vanguard Technology ETF

Since the recent GISC changes,I do not see FB, GOOG, EA ,ATVI, Ebay as current holdings. Is there any reason to modify VGT holdings and buy some Vanguard Communications? What % of appreciation did these stocks represent in VGT before the change?
by Papajoe56
Tue Sep 25, 2018 9:22 am
Forum: Personal Investments
Topic: Any reason to leave the 401(k) with previous employer open
Replies: 25
Views: 2645

Re: Any reason to leave the 401(k) with previous employer open

I have never left investments in a 401-K plan, because the funds offered were not funds I would buy, and/or the fees were much higher than my funds at Vanguard. One plan through ADP with Goldman Sachs funds/fees. OUCH! A lady came to work at the bank, and had a 401-K at her previous employer. She as...
by Papajoe56
Sat May 26, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: 30 basis points in admin fees for 401-K?
Replies: 7
Views: 652

Re: 30 basis points in admin fees for 401-K?

That is not bad for company, portfolio of that size.

My last 401-K had .65 administrative fees.

The one prior to it was .75, but employer paid the fees on it.
by Papajoe56
Sat May 26, 2018 9:04 am
Forum: Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 88
Views: 24954

Re: Schwab Vs Fidelity Vs Vanguard

I have investments with Fidelity and Vanguard and have had no problems with either.
by Papajoe56
Sat May 26, 2018 7:46 am
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 5148

Re: I'm an indexer... but...

I once owned T Rowe Price Blue Chip Growth Fund (TRBCX) in a 401-K ,and it performs a little better than PRGFX over last 10,5,3,1,YTD.

Fee is slightly higher at 3 basis points per year.

I would consider TRBCX also, if LC Growth meets a criteria.
by Papajoe56
Sat May 26, 2018 7:11 am
Forum: Personal Investments
Topic: 401k investment choices
Replies: 7
Views: 943

Re: 401k investment choices

If you have other accounts to hold the other pieces of your portfolio then you might only need one fund. Go with the cheap one. No need to mirror all holdings in all accounts. Geat advice. Lower the 401-K fees as much as possible. Write down, or create spreadsheet for all of your investments and ca...
by Papajoe56
Sat Oct 07, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 150
Views: 32578

Re: So someone drained $13k from my checking account...

One should never use Debit or ATM cards when out of country. I agree with your other recommendations. But this one does not work. When you are out of the country, you have to get local cash somewhere for places that do not accept credit cards. And if you travel for a long time, you don't want to ta...
by Papajoe56
Sat Oct 07, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 110
Views: 14380

Re: VG wants everyone to transfer to a brokerage account?

I changed to brokerage account shortly after it was first "offered". It has not effected me in a negative way. I do not think the business philosophy at Vanguard is to do anything detrimental to clients. They have lowered fund mgmt. fees on some funds in the last couple of years,so maybe the brokera...
by Papajoe56
Sat Mar 25, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 150
Views: 32578

Re: So someone drained $13k from my checking account...

Sorry for your headache on the $13k I work for a bank on the operations side,and I do not own a debit card, nor an ATM card. Debit Card/ATM card fraud is a constant problem, and one I do not want to deal with. One should never use Debit or ATM cards when out of country. One should never click on an ...