completely random financial tip
A year ago, my employer stuck some money into a SEP-IRA through Vanguard. We all got a deposit equal to 10% of our annual salary. Very nice—free money! I did a wee bit of research and ended up putting that money into the following funds:
- 60% into Vanguard Wellington Fund Investor Shares
- 20% into Vanguard Strategic Equity Fund
- 20% into Vanguard Emerging Markets Stock Index Fund
My 1-year (plus 1 month) rate of return is 17.7%. So, if you have retirement money sitting around and you're wondering where to put it, I'm personally a fan of these three funds. Unless they tank, of course, in which case all bets are off.