1/ PART 1 of 4— Meb Faber (@MebFaber) October 29, 2018
Let's talk about investing expectations.
Investors typically expect 10% returns on their portfolio. Most pension fund expect around 8%.
** Millennials expect 11.7% per year. And 20% of you expect 20%+ returns. https://t.co/2aifwCu7I9
Friday, November 02, 2018
Read this whole thread, worth it.
Wednesday, October 17, 2018
Vanguard is sending out letters to Plan Sponsors letting them know that the target date offerings within their Custodial 403(b) product (for public school employees) is changing to the Institutional share class. The Institutional share class has a minimum of $100 million requirement for most plan sponsors, but now participants in multi-vendor 403(b) will gain access to them. Vanguard says:
The expense ratios for the current offering of Vanguard Target Retirement Funds range from 0.13% to 0.15% (between $1.30 and $1.50 for every $1,000 invested). Each Vanguard Institutional Target Retirement Fund, in comparison, has an expense ratio of 0.09% ($0.90 for every $1,000 invested).I've attached the letter below.
Tuesday, October 02, 2018
Friday, September 21, 2018
Tuesday, June 05, 2018
Monday, June 04, 2018
My friend and colleague, Amy Simonson is quoted here and is doing amazing work on the East Coast. Tomorrow's lesson plan: Tutoring teachers how to retire