Four Words Can Result In Big 401(k) Losses
The legendary Sir John Templeton famously warned.The four most expensive words in investing are: “This time it’s different.” I hear a version of that thought from individual 401(k) investors.More often recently than in the last few years. When the stock markets...
You’ve Worked Too Hard to Watch Your 401(k) Drop Again
About the current stock market drop.You’re afraid of watching years of 401(k) stock market gains disappear.Along with personal and company-matching 401(k) contributions. And you’re not alone.Every conversation I’ve had with my 401(k) investment advice clients. I hear,...
It’s Time For a 401(k) Yard Sale
Spring means a fresh start.Cleaning and throwing out things you no longer need. This Spring think beyond your closet and garage.Your 401(k) has as much or more clutter.Mutual funds you don’t need to own any longer. If a mutual fund can’t keep up with the broad stock...
The 401(k) Rebalancing Myth
Last week, an individual 401(k) advice prospect told me: “My 401(k) is protected because I rebalance.” I’ve heard versions of that sentence for over 41 years.All the way back to 2008–2009.When individual 401(k) investors lost over 50% of their account value. Stick to...
