Be Very Careful When You Talk to Your 401(k) Provider
I can’t even remember how many Minnesota company 401(k) retirement plan participants I have heard this same story from. I can tell you that it has been several over my 31 years in the financial services industry. When you change jobs, you naturally call the company...It’s time for a conversation with your 401(k)
Individual company 401(k) retirement plan participants own way too much U.S. stocks now. I met with a 60 year old executive just last week who is currently 95% invested in U.S stocks in his company 401(k) retirement plan account. The last six-plus years of stock...Loss Aversion can save your 401(k)
One of the things I enjoy the most about my business is that I make time to read the great investment management books of our time. These books include economics, behavior, and investment management strategy. I am a big fan of the work of psychologist Daniel Kahneman....Are You All In Your 401(k) All the Time?
I was up way too late the other night watching cable TV. I guess that I am too old to figure out how to watch TV on my computer. I came across a documentary on professional poker players. One of the poker players interviewed made a great point about poker strategy. I...
