At some point in your life you have done all of the following; started a new job, applied for life insurance, or opened a brokerage or bank account. In each event, forms required you to name a primary and contingent beneficiary. You had to provide your account...
“I am more concerned about the return OF my money than the return ON my money.” Mark Twain is credited with the quote above. Every few years, individual company 401(k) retirement plan participants need to pay very close attention to this all-time great...
The vast majority of actively managed mutual funds that are available on default company 401(k) retirement plan menus have a long and miserable track record of providing less than stock market benchmark investment returns. One of the last studies that I read stated...
Over 48% of individual investors surveyed mistakenly believe their investment advisors are indeed required by law to act in their best interest. That finding is among the surprising results of the 2019 Financial Trust Report from Personal Capital. The Personal Capital...
In my reading this week, another article popped up on the dire circumstances of self-directed brokerage account options found on company 401(k) retirement plan account menus. A plansponsor.com article titled, “Considerations for Offering SDBAs in Retirement Plans” is...
One of the many Wall Street wisdom’s that I remember from my younger days is the comment about, “they are always fighting the last battle.” This adage is a stark reminder of adjusting your investment management decisions to reflect the current stock and bond market...
