When choosing the 401(k) mutual funds you own. Nobody sets out to make a poor investment management decision. Too often, that is exactly what happens. It comes as no surprise that individual 401(k) investors are their worst enemies. There are many reasons. Let me...
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...
I talk with several individual 401(k) participants each day. I have a growing concern that few are prepared for the potential risk of principal loss. The last 13 years has lulled many 401(k) investors into a false sense of continual optimism. Stocks and bonds have...
Dollar-cost averaging. Promoted as one of the main pillars of any 401(k) account investment management strategy. This strategy suits many 401(k) investors. Each month, money is added to their 401(k) account. Through personal contributions and company-matching...
Rising interest rates and a recent spate of bank failures. Each adds to the uncertainty in the economy right now. Layoffs and store closures don’t help. All these news events have brought volatility back to the stock and bond markets. Many of my 401(k) advice clients...