Deciding which mutual fund gets your hard-earned 401(k) money is always a tough decision. The stock and market volatility now make it even more difficult. Most 401(k) mutual funds lag the investment performance of the stock market averages. Even in a good stock...
I prospect for new individual 401(k) advice clients almost every day. Phone calls, e-mails, blog posts, and LinkedIn InMail’s. I use most all the tools I can manage myself. One element seeking new 401(k) advice clients never changes. The initial resistance to a new...
I am the father of two Gen Z’s. Many of their college roommates, teammates, and friends are now in my 401(k) advice client base. Both of my kids have confirmed the results I read of a Qualtrics study on behalf of Credit Karma. The study found that that 52% of Gen...
Admit it. You hate watching your 401(k) retirement plan account. Especially the last few months. I make that bold statement based on my 24-plus years of providing 401(k) investment advice. That advice includes the important, “what to buy?” question. Lately, the even...
The calls and e-mail began to arrive earlier in March. All with the same two 401(k) investment management concerns. “When do we sell? I don’t want to lose the last several years of my stock and bond market gains.” Worrying about catastrophic stock and bond market...
Today’s stock and bond market climate is unusual. Both volatile. With an added touch of out of control inflation. A “buy-and-hold” or “set-it-and-forget-it” 401(k) investment management strategy no longer applies. In fact, it is dangerous to your 401(k)...
