Why Your 401(k) Needs More Facts and Fewer Feelings
Your 401(k) deserves better than guesswork. A 401(k) advice client of mine learned this the hard way. Years ago when I first reached out to this client.He thought he was investing in his 401(k) “the right way.” Saved every paycheck period.Trusted his 401(k) sponsor...
What Bad 401(k) Advice Taught Me This Week
I ran across an investment advice post this morning.That made me laugh out loud.And I don’t laugh out loud that often. The advice was completely misleading. “Buy the dip.” “Don’t overthink it.” “Just follow the stock market.” This is the kind of advice that is...
How Much Is Your 401(k Guesswork Costing You?
The cost of not knowing how to choose your 401(k) mutual funds.Compounds in each new stock market record high. Here’s what’s individual 401(k) investors don’t realize: • Many default 401(k) mutual funds underperform their benchmarks every year. • Stock...
Stop Managing Your 401(k) Like It’s The 1990’s
Met a college friend of mine a couple of weeks.Watched NFL playoffs football at a local bar. His 401(k) investment management strategy shocked me.Stated he has never changed over his working career.The same way as the early 1990’s. “Set-it-and-Forget-it.”Hope it works...
