It's been good to me. I have money in both in my 401(k) as well as say 20% international. That's not been as much fun, but overall, I'm still doing well.
More importantly, when my daughter turned 18 about two years ago, I got her to start funding her 401(k) at Starbucks to get the full matching money at a minimum. She did and is now increasing her contributions every time she gets a raise she adds another 1% to her contributions as it's money she won't miss as she's never seen it before.
Similar choices, an S&P500 index and some target date funds with relatively low fees.
But getting her in the habit of paying herself first...
Originally Posted by Wolf359
Originally Posted by javacontour
How did the advice from 8 years ago turn out?
Since the thread has been revived, I wonder how the various suggestions panned out.
Originally Posted by Quattro Pete
Thanks guys.
FYI, this thread is 8 years old. A spammer necroposted.
Well Contrafund has been doing better than Fidelity's S&P 500 index fund over the last 5 and 10 years, about 1-2% points better.
More importantly, when my daughter turned 18 about two years ago, I got her to start funding her 401(k) at Starbucks to get the full matching money at a minimum. She did and is now increasing her contributions every time she gets a raise she adds another 1% to her contributions as it's money she won't miss as she's never seen it before.
Similar choices, an S&P500 index and some target date funds with relatively low fees.
But getting her in the habit of paying herself first...
Originally Posted by Wolf359
Originally Posted by javacontour
How did the advice from 8 years ago turn out?
Since the thread has been revived, I wonder how the various suggestions panned out.
Originally Posted by Quattro Pete
Thanks guys.
FYI, this thread is 8 years old. A spammer necroposted.
Well Contrafund has been doing better than Fidelity's S&P 500 index fund over the last 5 and 10 years, about 1-2% points better.