Why the Same 401(k) Menu Leads to Such Different Results
Here’s a pattern I see with individual 401(k) investors: Two people who work at the same company.Have the exact same 401(k) mutual fund options. One grows the 401(k) account balance confidently.The other lags the popular stock market averages. It’s not luck.It’s not...
A Simple Guide to Better 401(k) Decisions
Most people think managing a 401(k) is simple.Pick a few mutual funds, set your contribution, and let it ride.But that “set-and-forget” mindset is costing your 401(k) thousands. The average 401(k) plan offers 21 mutual funds.And most of them own the same stocks. If...
What Happens to Your 401(k) When You Do Nothing
A 401(k) investor told me last week,“I’m doing everything they say—buy?and?hold, stay calm, ride it out.So why does my 401(k) account keep dropping?” He wasn’t panicking.He is confused.And that confusion is what hurts your 401(k) the most. The myth is that “doing...
Why Your “Balanced” 401(k) Isn’t Actually Balanced
You think you’re diversified in your 401(k) mutual funds. “If I spread my money across asset classes, I’m protected.” Most 401(k) mutual funds.Are driven by the same underlying economic forces.When those forces move, everything you own can move with them. If your...
