Some men have strange hobbies. I gather and analyze the main 401(k) mutual fund menus from hundreds of companies. In most cases, I am not impressed. Most 401(k) retirement plan mutual funds have the same investment management problems. These mutual funds are too...
I have provided investment advice to individual 401(k) plan participants for 24 years. I know the following fact about individual 401(k) investor behavior to be true. Individual investors rarely get upset. With 401(k) principal losses within their acceptable range....
Since 2008, investment management experts have predicted the death of the “balanced” portfolio. I am speaking of 60% invested in stocks. And 40% invested in bonds. It turns out 2022 was a close repeat of 2008. When 401(k) investors needed “diversification” and “asset...
How many “remain calm” financial services articles have you read this week? It happens every time the Dow Jones, S&P 500 and Nasdaq indexes all drop at the same time. Stock market volatility creates another marketing opportunity for the “do nothing” message. The...
Most of my investment advice clients are too busy to watch their 401(k) accounts. That is why they hire me. Most of my clients admit they do not have the experience or sophistication to pick mutual funds. Those clients do not realize that over 70% of NASDAQ stocks...
