It’s that time again. To reduce 401(k) stock market risk.
Every few years. You know it can happen. But most 401(k) investors don’t pay attention when it happens. “Buy-and-hold” fails as a successful long-term 401(k) investment management strategy. The reason has nothing to do with investment management. The reason is...
A deer and a 401(k) stop loss
A few weeks ago, I hit a deer with my Jeep. On the way to my cabin in Canada. The last few miles of the trip is remote. Dotted with many of God’s creatures. Each one enjoying the summer weather. Often in the road. I always pay close attention. Even when I have the...
You have a 401(k). But not all 401(k)’s are great.
You probably received your June 30, 2024, quarterly 401(k) statement by now. Congratulations on the all-time high account balance. Let’s be honest. You and I both know your 401(k) success has nothing to do with your mutual fund picking abilities. Stop me if you have...
401(k) risk scores are misleading
I run headfirst into this issue. It never gets easier. An individual 401(k) investor who follows a risk score. Generated from an online questionnaire from their 401(k) provider. All I have to go on are the following facts. My doctor never determines my risk score. He...
