Updated: May 18, 2016
Today I’m going to share my favorite retirement investment with you. Even with the stock market at elevated levels, I expect it to earn me 8-10% annually over the long haul.
Last month my software company setup a 401K retirement plan through Vanguard. I had to select my funds – and that gave me instant pause. Sure, stocks for the long run… but the S&P at 23-times earnings? Europe or Asia? Roll the dice on emerging markets?
My answer was “none of the above.” Instead I piled my current and future contributions into the Vanguard Dividend Growth Fund (VDIGX) with a 100% allocation.… Read more