The Voices of Experience

Helping Education Professionals Understand and Succeed with Volunteer Retirement Plans

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The Latest from the Late Bloomer Millionaires

What makes Vanguard and Tesla Similar?

What makes Vanguard and Tesla Similar?

Posted by Steve Schullo, PhD on Nov 12, 2016

On April 22, 2014, was an exciting day for Dan and I. We picked up our brand new Tesla 2014 Model S. As you know, this car is very expensive. Almost a year had passed before we decided to purchase one. When it comes to supporting our values of sustainable energy and a clean environment, money should not be an obstacle, especially when we could afford the price tag.

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New York Times 403(b) Horrific K-12 Stories

New York Times 403(b) Horrific K-12 Stories

Posted by Steve Schullo, PhD on Oct 28, 2016

Welcome New York Times Readers to my Blog. My name is Steve Schullo, a retired Los Angeles Unified School teacher and an advocate for cheaper 403(b) plans for over 20 years. Please follow up on these fantastic (and rare) print media articles by a fantastic New York Times editorial staff, and their superb reporter Tara Siegel-Bernard.

She has been working on these articles since the beginning of the year. The educational professional and its institutions are reticent to talk about the 403(b). The rationale is easy. We educators hardly ever talk about the 403(b) publically or in any organized manner. Why? Nothing wrong with talking about how to best invest our retirement money that supplements our pension plan. After all, the 403(b) is 100% of our money.

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September 30, 2016 Portfolio YTD Returns

September 30, 2016 Portfolio YTD Returns

Posted by Steve Schullo, PhD on Oct 5, 2016

The Stock and Bond Markets are up again in the third quarter of 2016. Read how my portfolio has returned 6.7% after nine months. It’s really not complicated because my portfolio is straightforward. It’s constructed to gain when the core asset classes increase and loses value when the market goes down.
Losing is an important part of investing process, if not the most important part. The majority of people don’t understand it because they sell when their investment declines. Never sell, unless it is part of your plan, not because of bear market conditions. Have a plan and stick with it during ups and downs.

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