Here is an article written for my local community blog in Golden Valley, MN on August 11, 2011. The article discusses the similarities between a football game and successfully investing in the stock market. If you ever want to talk about your investments, feel free to call me at 763-377-2006.
This a brief clip of the article:
“The stock market investing game is played much the same way. When the stock market is clearly rising, a company retirement plan investor has possession of the stock market “football” and can think about running offensive plays in order to grow the principal value in their company retirement plan account. Just about any stock mutual fund option in the company retirement plan menu goes up in value in a rising stock market.
When the stock market “football” changes hands, most 401(k) investors don’t know which team they should have on the stock market field. Most company retirement plan participants continue to play stock market “offense” when in reality their “defense” should be on the field. Predictably, the long-term investment results are not very good.”
For the entire article, follow this link: 401k Advice
