What Happens When You Stop Looking at Your 401(k)?
“Set it and forget it.”Sounds like a reasonable 401(k) investment management strategy. But over time, here’s the danger.It turns into a “don’t look at it” 401(k). Over time, individual investors who disengage.Often lose a clear sense of what they actually own in their...
Protecting 401(k) Principal
Think about your favorite football team.They don’t run the same play no matter what’s happening on the field. Why do you think that would work in your 401(k)? Most 401(k) advice assumes you should always be “growing.”But sometimes, the smartest move is to protect the...
Not Timing the Market Doesn’t Mean a Static 401(k)
Most individual 401(k) investors take it as a reminder.Not to react emotionally to stock market and financial headlines.Not to let fear or excitement drive decisions. Over time, individual investors start to interpret “don’t time the market.”Has the same meaning as:“I...
