Education Is Not the Same As 401(k) Investment Advice
Investment advisor web sites use familiar language. Comprehensive wealth management.Holistic financial planning.Tax strategies.Estate planning. The message is that more services equal more value. But individual 401(k) participants have a much simpler problem. They...
The Risk in a 401(k): Who Is Managing Your Mutual Funds?
One of the most overlooked aspects of a 401(k).Is the fact that no one provides ongoing investment oversight. You guess “what to buy” in your 401(k).And you hope it works out over your working career. Economic, stock market, and interest rate circumstances change.And...
Would you but the same 401(k) mutual funds today?
Could you explain why you own your 401(k) mutual funds today? Not why you chose them years ago.Not what the year is in the name of the target date fund. Your 401(k) can become the least supervised.Stock and bond market assets you own. “Set it and forget...
How to Translate Financial Headlines to Your 401(k)
Most individual 401(k) investors consume financial headlines.In the hope that more information.Leads to better 401(k) mutual fund decisions. It doesn’t. Some of the most informed 401(k) investors I meet.Own the worst mutual funds available in their 401(k). They...
