Bloomberg had an excellent article in late July on the inherent conflict of interest built into many robo-advice offerings. Here is a link to the article. It will be just a matter of time before the bank company retirement plan providers roll out these robo-advisor...
Last weekend, I was invited to a client’s house for a family get-together. The oldest daughter of my client was there. Along with her husband and 5-year old daughter. In the daughter’s travel bag, I noticed a well-worn copy of Aesop’s Fables. The book reminded me of...
Almost everyone can remember back to the year 2000. Even some of my oldest clients can do that. MarketWatch this morning published a shocking article (at least to me). The article included a chart of the last 17.5 years of S&P 500 index investment returns. I...
“We’ve had three 100-year floods in the last 18 months. This one looks like a 1,000-year flood.” – Congressman Pete Olson of Texas (source: NPR) The historic amount of rainfall caused by Hurricane Harvey last month caused flooding in the city of Houston. This...
Last month, Reuters published an informative article on the tremendous growth of exchange trade funds. The author, Beth Pinsker, asked the same question that I run into several times a month from individual company 401(k) retirement plan investment advice prospects....
Weekly, I go through the following process with multiple individual company 401(k) retirement plan investment advice prospects. I review the default company 401(k) retirement plan menu mutual fund options. I then rank these mutual funds on investment performance and...
