hey guys ive gotten good advice here before so im back! Im 100% invested in my 401k and i have it all invested in vangaurd Index 500. With the election finally over, I was wondering if this is still a good investment. Thanks
I can provide further information if needed also but my knowledge on this stuff is very very limited...
Sat Nov 19, 2016 3:20 pm
oldguy Senior Member
Cash: $ 714.80
Joined: 21 May 2006
quote: further information if needed also but my knowledge on this stuff is very very limited...
I ran across a book last spring, 'The Little Book of Common Sense Investing' by John Bogel. As I read it I realized that is exactly what I've been doing for about 40 years - and that's how I became wealthy.
The book summarizes investing in a concise easy-to-understand way. You are already doing the right thing - but a good understanding of that gives you the confidence that you are doing the right thing and keeps you from second-guessing yourself and making mistakes.