“Diversification is protection against ignorance. It makes little sense if you know what you are doing.” Warren Buffet Last week, it was disclosed that roughly 43% of Warren Buffet’s Berkshire Hathaway portfolio is currently invested in one stock; Apple. I am sure...
While working from home, you have likely been watching online how the value of your company 401(k) retirement plan account roller coaster ride over the last few weeks. Most individual investors don’t pay any attention to their company 401(k) accounts. They realize...
For years, we have been experiencing natural disasters all over the world; earthquakes, tsunamis, tornados, and flooding … just to name a few. I was pondering these events and I realized a similarity between storms and investing. There are constant changes in...
In the first quarter of 2020, the S&P 500 lost 30% of its value. Since then, that broad U.S. stock market index has slowly climbed back to recoup much of that loss. As of mid-June, the index is down right around 5% year-to-date. The stock markets seem to be...
A new survey from NerdWallet finds that most individual investors prefer human investment advice versus communicating with an algorithm. When both human and robo-advice are available, 84% of survey respondents would rather work with a human financial advisor to invest...
Robo-advisors provide financial advice or investment management online with moderate to minimal human intervention. They provide digital financial advice based on mathematical rules or algorithms. In the last few years, these algorithms have invaded company 401(k)...