I am now in my 22nd year of providing investment advice to individual 401(k) participants. Many of my 401(k) advice clients have well over six-figure balances. Most of these individual investors have a desired retirement plan date in mind. They are concerned about a...
Cognitive Dissonance NOUN: the state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change. I never got past Pyschology 101 at the University of Minnesota. In fact, I never got past many introductory...
In the last 16 years, two of the most popular U.S. stock market broad averages have declined 50% or more on two separate occasions. From March 2000 to October 2002, the NASDAQ Composite Index lost 78% of its value. The S&P 500 Index lost 57% of its value from...
It’s here. That time of the U.S. stock market cycle when more and more internet stock market analyst and advisors are writing and talking about selling all your stocks now. Selling stocks in anticipation of the next great stock market decline never works. You should...
Each spring I remind my clients. This year, I wanted to provide this same information to readers of this blog space. Now is a good time to make sure that you have updated your beneficiaries. Your beneficiaries are the people in your life who are eligible to receive...