Vanguard recently lowered the minimum investment for its Target Retirement Funds from $3,000 to $1,000. I discussed these funds in my blog post A Single Fund Solution. The lower minimum investment makes these funds an even better way to get started investing. Now instead of having to save $3,000 to start investing in a single, well-diversified, low-cost index fund, you can get started with only $1,000.
Friday, June 17, 2011
Friday, June 10, 2011
I received a couple of questions about Series I Savings Bonds (I Bonds) since my last post. One of the questions was about interest rates, and the other was whether or not I Bonds were only a good deal if bought in May 2011. I’ll address these questions in this post, and also will cover a few additional I Bond topics; e.g., I Bond registration (forms of ownership), more on annual purchase limits, and purchasing I Bonds for a minor child or living trust. As always, if you have questions, please post a comment or email me at KevinOnInvesting@gmail.com.