What Falling Stock Markets Reveal About Your 401(k)
When stock market averages fall.How do you know if your 401(k) funds are working? The hardest part of falling 401(k) account values.Is deciding whether to react.“What to buy?” suddenly turns into “Should I sell?” Long-term 401(k) damage doesn’t come from stock market...
“I’m Just Not Good at Money”—A 401(k) Belief to Let Go
Individual investors rarely say “I’m just not good at money” casually.There’s usually frustration behind it.A perfect example is your default 401(k) mutual fund menu. Knowing “just enough” to guess at the mutual funds to own.Isn’t good enough any longer. Early in your...
Who’s Really Managing Your 401(k): You or a Questionnaire?
I run headfirst into this individual 401(k) investment management issue.An individual 401(k) investor follows a risk score.Generated by an online questionnaire from their 401(k) provider. That score then influences the 401(k) mutual fund they buy.It urges them to...
AI Can Inform Your 401(k) But It Shouldn’t Manage It
Individual 401(k) investors seem to be asking the wrong AI question.It’s not whether AI belongs in helping improve mutual fund picks.It’s where the line is. AI is still a guessing game.It gives you probabilities.“Probably the best answer.” Investment management...
