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...
There have been some positive changes in the company 401(k) mutual fund world over the last few years. In this blog post, I want to make sure if you were aware of these changes. First, mutual fund expenses have come down dramatically. Fund expenses in 2019 were just...
Even a casual political observer would know that President Trump frequently posts comments to Twitter over the last few months on several topics. One of his favorite topics recently has been the U.S. stock markets and the strong performance of 401(k) accounts. Last...