A little over 3 weeks since T. Rowe Price “misplaced” over $9,000 worth of my retirement roll over, I’ve finally received word that they’ve deposited the balance into my account and backdated all purchases to the original roll over date.

So we’re square. Irritated, but square.

This is my first experience with target-date retirement funds, but I like the concept. You pick a fund with a target date close to that which you expect to retire. Over time, the funds allocation between stocks and bonds shift to a less aggressive portfolio and lower risk structure.

Since I’ve got a few (~38 to be exact) years till I “retire”, the fund is structured towards high growth. Over time it will shift to a more conservative allocation with a focus on preservation.

I’ve also purchased a significant amount of company stock which, if history bears repeating itself, should appreciate quite nicely.

I’ll share more about my retirement structure at a later date, but as of last night, T. Rowe Price is back in my good graces.

Brokers, Investing, Retirement

ML, at My 1st Million at 33, is test driving Zecco.com as a low cost brokerage.

Zecco is one of the latest ventures to join the low/no commission online brokerage game, and much like Sogo Invest, Bank of America, TD Ameritrade, and ETrade (among others), they are trying to blow open a new niche in the discount brokerage market.

So far so good for ML, as he’s got his initial ACH transfer deposited into his Zecco account.

Check out the post to follow up on his experience.

Brokers, Investing

Thanks to a tip from David C., it appears that Sogo Invest has carved out their own little niche in the blogosphere.

With Sogo President William Yeh and Alex Kravets (content developer) as authors, Sogo is sure to get some great feedback from their site.

William was more than receptive to the response generated from my initial interview post, and it appears that customer requests have not been taken lightly!

Good luck with your blog guys!

SogoInvest Blog

Brokers, Investing, Technology