The 401(k) Rule Book
As we approach opening day of Little League baseball season it got me thinking about the parallels between the Rule Book of Little League Baseball and the Rules of the 401(k) game.
As we approach opening day of Little League baseball season it got me thinking about the parallels between the Rule Book of Little League Baseball and the Rules of the 401(k) game.
If I told you that people who perform their own auto repairs experience almost double the car problems compared to those who use an experienced mechanic, would you be surprised? What if I said that people who try to invest for retirement on their own have almost 50% less in their accounts than those who use an experienced financial advisor?
Is your financial advisor a fiduciary? Maybe you assume he/she is but it's important to educate yourself on the differences between a fiduciary vs. salesperson.
As 2019 approaches, and with US stocks outperforming non-US stocks in recent years, some investors have again turned their attention towards the role that global diversification plays in their portfolios.