Loss Aversion Is Driving Your 401(k)
Research shows stock market losses hit us twice as hard as gains feel good. One of the privileges of my years providing individual 401(k) investment advice.Is noticing how real people make investment decisions. I keep coming back to work of psychologist Daniel...
Using a Stop Loss and Cash to Protect Your 401(k) Now
Most individual 401(k) investors people lose money.Because they “stayed the same” when the stock market risk level changed. Stock markets don’t announce when they’re about to take your 401(k) down.They just start dropping.And see if you are paying attention. The...
Your 401(k) vs. a Stock Market Punch In the Face
“Everybody has a plan until they get punched in the mouth.” One of the greatest Mike Tyson quotes of all-time.A great reminder about life and human behavior. Use this wisdom to limit future 401(k) stock market losses. “Buy-and-Hold” is a generational...
Are You Losing Money in Your 401(k) Without Knowing It?
The biggest threat to your 401(k) isn’t stock market volatility.It’s the mutual funds you already own. And the 401(k) losses compound when you stand still. Chances are, you’re holding some of the wrong mutual funds in your 401(k).Not all of them.But enough to matter....