When I returned home from my daughter’s high school Homecoming football game last Friday night, I turned on my computer to check the news. What I found was a financial industry web site article that really got my blood pressure to rise. The opinion piece was titled,...
New rules governing money-market mutual funds issued by the Securities and Exchange Commission don’t go into effect for two years. Even so, you should still be concerned about the money-market mutual fund in your company 401(k) retirement plan account. A money-market...
It is hard to stay focused on personal financial issues during the all-too-short Minnesota summer. It has been especially difficult this summer. The wet, and now cooler, summer weather has been a disappointment. Fidelity Investments published a study earlier this...
Most Minnesota stock market investors think that the stock markets will rise forever. You can’t really blame them. There has not been a meaningful stock market crash for almost six years. Since 1929, there has been a stock market crash every 3.4 years. Human nature...
It is that time of year again. You may have already received the e-mail from Human Resources or your Minnesota company 401(k) retirement plan provider. Your company 401(k) retirement plan sponsor is legally obligated to annually review the mutual fund options in your...