How many “remain calm” financial services articles have you read this week? It happens every time the Dow Jones, S&P 500 and Nasdaq indexes all drop at the same time. Stock market volatility creates another marketing opportunity for the “do nothing” message. The...
Most of my investment advice clients are too busy to watch their 401(k) accounts. That is why they hire me. Most of my clients admit they do not have the experience or sophistication to pick mutual funds. Those clients do not realize that over 70% of NASDAQ stocks...
One of the Wall Street wisdom’s that I remember from my younger days is, “they are always fighting the last battle.” This adage is a stark reminder. Adjust investment management decisions to reflect the current stock and bond market environments. You cannot do...
At all times, I am in communication with many 401(k) participants. On phone calls, in e-mails, and on zoom calls, I am asked the same two questions. In the exact same order. First, “Are there better mutual funds for me to own in my 401(k) now?” There always are at...
Stock market corrections can often look very scary. That is a problem because fear is every 401(k) investor’s worst enemy. It is what drives 401(k) investors to make irrational and shortsighted decision. instead of sticking to a coherent strategy. What Is a...
The smart speaker and voice assistant revolution are going on in your home and office right now. Check the weather, order groceries, make appointments and get the sports scores. All you must do is ask. You can bet large 401(k) plan providers like Schwab and Fidelity...
