$15,000 to spend on 1-5 cards...WWYD?

[Johnny630]

I’ve been investing through my employer's 457b plan 100% of my allocation in the S&P500 ETF Low-Cost Vanguard Fund since I was 23 in 2005. I’ve been increasing my contributions once or twice a year depending on if we get a cost of living or not. I maxed out said contributions this year at $20,500. If the government allows me to keep increasing I will until it’s maxed. I’ll stay fully invested 100% allocation into the S&P 500 until I’m 55. The last 7 years will be far more to safety. Will retire at 62. So far I’ve been very pleased with my returns.

[Peter_Spaeth]

Originally Posted by Johnny630

I’ve been investing through my employer's 457b plan 100% of my allocation in the S&P500 ETF Low-Cost Vanguard Fund since I was 23 in 2005. I’ve been increasing my contributions once or twice a year depending on if we get a cost of living or not. I maxed out said contributions this year at $20,500. If the government allows me to keep increasing I will until it’s maxed. I’ll stay fully invested 100% allocation into the S&P 500 until I’m 55. The last 7 years will be far more to safety. Will retire at 62. So far I’ve been very pleased with my returns.

I think John Bogle, founder of Vanguard, and whose book really was an education and wake up call for me, would approve.

[Johnny630]

Originally Posted by Peter_Spaeth

I think John Bogle, founder of Vanguard, and whose book really was an education and wake up call for me, would approve.

Yes he would!!

[Peter_Spaeth]

Originally Posted by Johnny630

Yes he would!!

I read that book and one other whose name I can’t remember now but which was along similar lines, and bagged the person who had been advising me as I realized he was full of it.