$100 A Month
Back in April I wrote about doubling the amount invested in my 403-B, you can read that post here. Well I finally did it and starting this week $50 dollars will be deducted from each paycheck for a total of $100 dollars a month. I also made some changes in my portfolio. Joining my 14.841 shares of DFA Emerging Markets (DFEMX) will be 20.862 shares of Fidelity Select Wireless (FWRLX) and 20.983 shares of Fidelity Small Cap Growth (FCPGX), all of them mutual funds.
I went ahead with the change because I wanted to push my DCP in the right direction and because I was disappointed with the 5.6% rate of return as of my last investing report on October 4, 2007. So far this year my 403-B has outperformed my DCP by 26 percentage points as of last investing report. Hopefully this change will help close that gap.