529

How does Virginia’s new Tuition Track Portfolio work?

Like pension plans, prepaid tuition 529 plans are disappearing. Virginia closed its Prepaid529 plan to new enrollments on May 1, 2019, after facing pressure to lower the costs of prepaid tuition contracts, a move that allegedly would have threatened the health of the program. Frankly, the prepaid program was significantly smaller than the other two… Continue reading How does Virginia’s new Tuition Track Portfolio work?

Investing

Which is the winner? Lump sum investing or dollar cost averaging?

There’s no shortage of market pundits predicting impending doom. The current trend of prophecy is pointing to astronomical price-to-earnings ratios and how calamity ensued the last time this happened. If I’m an investor with a lump sum to invest, what do I do? The last thing I want to do is drop it in an… Continue reading Which is the winner? Lump sum investing or dollar cost averaging?

401(k) · Fees · Investing

How to Evaluate An Investment Option using AGTHX

The other day, a friend asked me to tell them what I thought about one of the options in their workplace 401(k), “The Growth Fund of America” by American Funds, ticker AGTHX. To evaluate an investment option, I generally look at three things: objective, fee structure, and benchmark performance. What is AGTHX? AGTHX is an… Continue reading How to Evaluate An Investment Option using AGTHX