“The essence of investment management is the management of risk, not the management of returns.” Benjamin Graham “The Dean of Wall Street” The job of your company 401(k) retirement plan mutual fund manager is two-fold. First, the mutual fund is...
Your current company 401(k) retirement plan account is certainly near all-time highs. There are several key factors involved in these record high levels. Previous personal annual contributions and company-matching contributions have been added to a rising stock market...
Your company hires outside experienced and qualified experts in order to offer a fixed menu of mutual funds to retirement plan participants. Much care and detail are involved to design a retirement plan menu that prevents participants from making a catastrophic...
Many individual investors choose not to pay any attention to their company 401(k) retirement plan accounts. There is a stunning lack of attention to the largest part of their retirement savings. The most common excuse is that “I am terrible at investing.”...
My office phone rang one day last week. On the other end of the line was a woman who is a back door neighbor to a client of mine. The woman had recently sold a business that her late husband had left her. She had several million dollars to invest. The first thing...
When I talk to individual Minnesota company 401(k) retirement plan participants, I often find a good understanding of how the stock market is doing. Unfortunately, those same individual investors have no clue about the status of world interest rates. Individual...
