Over my 30 years as a Minnesota investment advisor, I have sat down in front of hundreds of individual investors. By far, the biggest misconception is the belief that mutual fund managers will protect their mutual fund shareholders from stock and bond market risk....
This week, employees will be laser focused. The focus is not on their work. Instead, these employees need to fill out their brackets for this year’s NCAA college basketball tournament. The American Gaming Association reported last week that over 40 million Americans...
Many individual Minnesota investors that I meet don’t think very highly of their company 401(k) retirement plan menu. After I review a copy of their company 401(k) retirement plan menu of options, I often share their opinion. There is a way to escape your company...
Company 401(k) plans are a maze of unrecognizable, undecipherable, and confusing mutual fund options. A study last year revealed that most individual investors would rather search for health care options than make investment management decisions in their company...
It probably would not take much to convince you that the menu of mutual fund options in your company 401(k) retirement plan is not the greatest. More and more Minnesota companies are adding the self-directed brokerage option (SDBA) to the company retirement plan menu....
You probably set up your Minnesota company 401(k) retirement plan account many years ago. By law, you had to also complete a beneficiary designation form. You set up a primary beneficiary. This person receives your company 401(k) retirement plan account balance if you...
