You can’t pick up a newspaper today without hearing bad 401(k) news: Companies have cut their 401(k) matches, lessening incentives for employees to make contributions. 401(k) fees are confusing and exorbitant. Employer-sponsored plans are filled with nothing but dog investments packaged for … [Read more...] about Is the Departure from 401(k) Perks a Bad Thing?
The Wall Street Journal reported on a study that $14 trillion dollars were being held in retirement assets in 2008. Sixty-five percent of that total was in employer-sponsored defined contribution plans and about 25% of those assets were held in IRAs. Now don't you think that is a lot of dough … [Read more...] about Are We Putting All Our Eggs in One Basket?
After reading an advance copy of Jeff Nabers' new book, I learned more about the concept of "The Greater Fool." This theory says that people buy things thinking that it will go up in price and value and that a "greater fool" will come along and buy the thing for more. … [Read more...] about Am I "The Greater Fool"?
Mature investors close to retirement age are likely kicking themselves wishing they had pulled their money out of the market while they had the chance. But too often these investors were told to “stay the course” and that “the market will come back.” Truth be told, no one knows for sure what the … [Read more...] about Think you’re too old to get in on alternative investments? Think again
[Contributed by reformedinvestor] This is my favorite excerpt taken from the interview between Steve Kroft of 60 Minutes and Brooks Hamilton, who Kroft interviewed in his expose on 401(k)s. Hamilton is an expert in designing retirement plans for large corporations. “The fact is that the … [Read more...] about How to break America’s 401(k) addiction
[Post contributed by reformedinvestor] I recently learned that I may have been given bad investment advice. I’m 32 now but I started working with a financial advisor when I was 26 years old. At the time the stock market was the way to go. If you weren’t invested in the stock market you were … [Read more...] about Young investors can afford to play it safe when it comes to investing
As an employee of Nabers Group since the beginning of 2009 I am constantly opening my eyes to the realities and possibilities of investing. As I learn more and more, I'd like to share my experiences, perspectives, advice and interests with you on this blog. Any entry posted by the … [Read more...] about New Blog Contributor: The Reformed Investor