One of the many Wall Street wisdom’s I remember from my younger days is the comment about, “Generals always fight the last war.” This adage is a stark reminder of adjusting your investment management decisions to reflect the current stock and bond market environments....
This Thanksgiving will surely be remembered as a very dangerous and frustrating holiday. No matter how you choose to celebrate, you most likely will have at least a few minutes alone to devote to your finances. Here is an idea to profit from the isolation. Review your...
I prospect for new 401(k) advice clients just about every day. I can’t help it. Over 36 years of my prospecting habit is hard to break. Last week I received a copy of an individual company 401(k) retirement plan account statement from the lady that checks my receipt...
These three thoughts are especially harmful to the investment management decisions that are required in your company 401(k) retirement plan account. Each thought carries a special deadly force on its own. Combined, these thoughts will undermine you’re the long-term...
The first thing that I do when I meet with an individual company 401(k) retirement plan participant is to calculate the annual costs of their current company 401(k) retirement plan mutual funds. In 36 years of providing investment advice, I have never met an...
I have met with hundreds of individual company 401(k) retirement plan participants since I began specializing in this investment advice niche in 1999. I run into the diversification monster in almost every meeting. Diversification has been widely promoted to...