Self-Attribution Bias

by | Apr 17, 2013 | 401k Advice, Blog, Educational

Later this April, working Minnesota residents will receive their company 401(k) retirement plan account quarterly statements. Reviewing these statements are the most engaged individual investors ever get with their company retirement plan accounts. Reaction to the...

April is Financial Literacy Month

by | Apr 2, 2013 | 401k Advice, Blog, Educational

During a routine homework session last week with my teenage son, I found out that April is National Financial Literacy month.  Not just in Minnesota; but all over the U.S.A. Every year, April is the month that investment professionals who provide investment advice to...

How is Your 401(k) Bracket Going?

by | Mar 28, 2013 | 401k Advice, Blog, Educational

One of the curses of my chosen profession is my internal obligation to read financial industry magazines each and every month.  For years I have continued to read article about the same subjects. The similar content reminds me of the old joke about Minnesota committee...

Grandpa’s Pension; My 401(k)

by | Mar 12, 2013 | 401k Advice, Blog, Educational

I have a son in a local Minnesota senior high school.  This semester one of his classes is Personal Financial Management. One of his class assignments this semester is to write about the differences between a pension account and a 401(k) account. He asked me the other...