All the news about inappropriate sexual behavior in government and the workplace is depressing. Especially when I have a college-aged daughter about to enter the workforce soon. All parents want to protect their children from any potential harm. Parents also want...
There was a great 401(k)mutual fund article on Yahoo Finance over the holiday weekend. The article contained 5 Interesting Statistics on How Americans Use Their 401(k)’s. The first two statistics really caught my attention. I see these same two company 401(k)...
The large financial services companies spend tens of millions of advertising dollars every year. Their main message is always the Big Three of investment management advice–asset allocation, diversification, and rebalancing. The end result is that most individual...
By far the biggest frustration individual company 401(k) retirement plan participants face comes for choosing which mutual funds to own. Frustration with the “what do I buy” decision abounds. The majority of investors I talk to follow the “buy-and-hope” investment...
Now that Richard Thaler was awarded this year’s Nobel prize for economics last month, behavioral economics is all the rage again. Daniel Kahneman won the same Nobel prize back in 2002 for his work behavioral economics work with his late partner Amos Tversky. These...
Have you ever taken the time to understand who constructed your company 401(k) retirement plan mutual fund menu? If you work at a large Fortune 500 company, a high-priced retirement plan consulting firm picked your company 401(k) retirement plan mutual fund options....