Being a young investor brings with it the comfort of knowing that you're getting started at the right time, but many questions about the right way to set up your investments.
While Boglehead philosophy preaches asset allocation of bonds equal to your age and mostly the rest in stocks, I've questioned the idea of not having 100% in stocks.
Online banking and investing have done wonders for making money management easier and more accessible for consumers, but they've also helped out banks and other financial institutions cut costs.
I probably shouldn't be surprised, given the general sketchy nature of the company, but i order to complete the tranfer of our Roth IRAs out of Ameriprise and in to Vanguard, we were hit with two $75 "Account Transfer Fees."
Now that I've begun the process to move my Roth IRAs into Vanguard, I've been doing as much reading as possible into the works of Jack Bogle, founder and CEO of Vanguard.
I just ordered The Bogleheads' Guide to Investing, which has received positive reviews from around the blogosphere. (Many PF bloggers got together to review the book, chapter by chapter. See the recap at AllFinancialMatters.)
The newest Carnival of Personal Finance is up at Lazy Man and Money and my post, "Why Am I Worried About Moving My Roth IRA to Vanguard?", has received an Editor's Choice for this week's posts.
I've got a secret.
I'm nervous handling my Roth IRA.