Learned something interesting about my 403(b) today

[WootWoot]

I've been reading JH Collins' book, upon recommendations from this and another forum. I really like it. I already have an IRA with Vanguard, and am considering investing more with them. I also have my 403(b) with TIAA-CREF.

In the book, Collins recommends that if your employer-sponsored program features Vanguard funds, to invest in them. I had NO idea--but I checked today and lo and behold, my plan DOES! In fact, I only found out through a proposed reallocation report that the CREF rep prepared for me in case I want to take more risk in my investments. I'm a bit embarrassed to admit that I never really looked into my current plan (which is a Target Fund for 2030 in Social Choice) b/c I figured it was just too much trouble/I wasn't smart enough to understand anything about investing, so best just leave it alone with moderate risk investments.

So now I will have a chance to invest in Vanguard Index Admiral, as well as some others. I'm pretty excited about this!

[Dicey]

Knowledge = Power.

Whaddya know, this investment stuff isn't as hard to understand as it seems at first. Bless jlcollinsnh and his wonderful Stock Series!

[WootWoot]

I realized today I've been calling him JH and he's a JL. Sigh...

[hadabeardonce]

I realized today I've been calling him JH and he's a JL. Sigh...

Is it wrong to pronounce it "Jail Collins"?

[Dicey]

After years of espousing renting over owning, JL bought a house recently. Maybe his (former) supporters had him thrown in the klink.

[terran]

After years of espousing renting over owning, JL bought a house recently. Maybe his (former) supporters had him thrown in the klink.

To be fair, I think his point has always been that buying a house is not an investment, it's a consumption decision. He has since decided to make a rather large "want" (not "need") purchase that he can afford in the form of a lake house.

[Dicey]

I realized today I've been calling him JH and he's a JL. Sigh...

Is it wrong to pronounce it "Jail Collins"?

After years of espousing renting over owning, JL bought a house recently. Maybe his (former) supporters had him thrown in the klink.

To be fair, I think his point has always been that buying a house is not an investment, it's a consumption decision. He has since decided to make a rather large "want" (not "need") purchase that he can afford in the form of a lake house.

To be clear, I was only making a joke about WootWoot's adorable mondegreen.

I'm pro real estate, so I'm thrilled that he's decided to explore the dark side. However he wants to categorize it, I'm cheering for him.