U.S. stock market prices have more than doubled the value of the S&P 500 over the last five years. It has been about 2 1/2 years since stock prices fell significantly. Just about every Minnesota stock market investor that I talk to thinks that the good old days of...
The U.S. Department of Labor’s 401(k) fee disclosure rule went into effect in July of 2012. Minnesota company 401(k) retirement plan administrators are required to disclose all company 401(k) retirement plan fees. This disclosure comes in a quarterly statement mailed...
I read a great deal of financial media articles. Sometimes I think I read too many. There is a continuing stream of misinformation from the financial media regarding target-date mutual funds. This is especially true of investing in target date mutual funds in company...
It is hard to stay focused on personal financial issues during the all-too-short Minnesota summer. It has been especially difficult this summer. The wet, and now cooler, summer weather has been a disappointment. Fidelity Investments published a study earlier this...
The title sounds like that old joke about what comes first; the chicken or the egg? I have been going through this dilemma myself over the last few years. I have one son in a New Jersey prep school this fall. He will be in college the following year. Right behind him...
Most Minnesota stock market investors think that the stock markets will rise forever. You can’t really blame them. There has not been a meaningful stock market crash for almost six years. Since 1929, there has been a stock market crash every 3.4 years. Human nature...
