Hellobee Boards

@snowjewelz: I'm a financial advisor if you want to wall me I can help with you some ideas of how to get started with someone who can do a better job of advising you than your current guy seems to do!

All savings are in a Vanguard managed fund. It earns about 11% return annually, the fees are low and I don't do anything (they make the decisions for me on stocks/mutual funds/whatever things)

DH and I are just starting to look into this and we're finding it daunting. The financial adviser at our credit union actually was fairly helpful, but still, SO MANY CHOICES. I am not sure if we'd go the route of hiring a financial planner, though, because it seems like the amount we make/would invest isn't high enough to warrant paying for that.

Bump! Anyone else looking at all this in the new year?

Me and both kids have what our FP calls a glorified savings account - its a fund thru Franklin Templeton - we can get money out in an emergency in 2 business days.
Obviously rates vary year to year but last year it got us a 20% return!

My husband invests 10% of our income, after fully funding his 401k each year. We don't contribute to any new IRA--we have a few older ones. He has accounts with Vanguard and Fidelity. Because of his job, he's only allowed to do mutual funds--no day trading or anything like that.

Separately from that money, we have a 6 month emergency fun in a money market account, in case an emergency happens like job loss.

I am not involved in any of this-- my husband was doing it all before we married, so he continues to do it all now. I wrote a thread about 6 months back about how I wanted to be more involved, but life has gotten in the way and I still haven't done anything.