According to the Investment Company Institute there were over 55 million active participants in 401(k) plans plus millions of former employees and retirees as of the end of last year. The amount of money is staggering at $5.3 trillion as of the end of 2017. With the demise of traditional defined benefit plans, 401(k)’s provide the […]
Newbie Investors have been cropping up everywhere since the advent of the Covid-19 virus. Some people refer to these investors as the Robinhood or Reddit crowd. This new group of market participants along with more established Do-It-Yourself (DIY) investors do not rely on investment professionals to manage their money. Newbie’s, for the most part, believe that […]
You have watched the myriad of commercials depicting couples living happily ever after in retirement. Pictures of healthy looking retirees on a sailboat or couples holding hands while on a river cruise of the Danube River. Fun and adventure all made possible by the gentle and skillful guidance of a friendly looking financial advisor. The […]
Market crashes are not fun for anybody but you can learn to take advantage of everybody else’s despair.
ETF’s are great buy you must also know their limitations.
Baby Boomers are retiring in droves these days. Many of them are unprepared to deal with this new phase in life. As with anything in life things don’t happen overnight. You don’t suddenly become financially literate at the age of 60 or 65. A successful retirement requires lots of preparation — financial as well as non-financial. It […]
How our brain works: We all think that we are fully rational all the time but in reality the way our brains operate that is not always the case. One of the key functions of the brain is self-defense. When the brain perceives danger it makes automatic adjustments to protect itself. When it perceives discomfort it […]
The last couple of weeks have been tough on equity investors. Stock markets around the world have been down big, then up big — a real roller coaster of a ride. After going up in a straight line over the last year equity markets suddenly went into a tailspin in early February. Going through an equity correction […]
Photo by Christine Roy on Unsplash If you are a portfolio manager or fund analyst I feel for you. You are under attack — some of it is justified, some of it is ignorance. All you read about these days is how bad your mutual fund manager is. You can’t even beat a Vanguard ETF. Unfortunately, I am […]
