Stock markets are up, but your 401(k) isn’t?
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...401(k) advice from a human. What a great idea.
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...
