Asset allocation is fine. Relative Strength is better.
There are only a handful of investment management decisions you have to get right in order to both preserve and grow your company 401(k) retirement plan account. In that handful, is the age-old question of “what to buy.” The financial media spends a lot of time and...More bad news on your 401(k) diversification efforts
Would you be willing to bet 25% of your company 401(k) retirement plan account value on six stocks? That would make about as much sense as taking a large part of your 401(k) account to the local casino, and making six consecutive bets on the roulette wheel. In...Warren Buffet doesn’t diversify. Neither should your 401(k).
“Diversification is protection against ignorance. It makes little sense if you know what you are doing.” Warren Buffet Last week, it was disclosed that roughly 43% of Warren Buffet’s Berkshire Hathaway portfolio is currently invested in one stock; Apple. I am sure...