Thanksgiving 2017: Shoot the Turkeys in Your Company 401(k)
The large financial services companies spend tens of millions of advertising dollars every year. Their main message is always the Big Three of investment management advice–asset allocation, diversification, and rebalancing. The end result is that most individual...How to build a low cost 401(k)
By far the biggest frustration individual company 401(k) retirement plan participants face comes for choosing which mutual funds to own. Frustration with the “what do I buy” decision abounds. The majority of investors I talk to follow the “buy-and-hope” investment...Managing 401(k) Optimism…and Pessimism…is your challenge now
Now that Richard Thaler was awarded this year’s Nobel prize for economics last month, behavioral economics is all the rage again. Daniel Kahneman won the same Nobel prize back in 2002 for his work behavioral economics work with his late partner Amos Tversky. These...