Recently a few of my clients at major tech companies (to remain nameless!) have forwarded to me company emails proclaiming the latest improvements in their 401(k) offering. These improvements have included a “true up” of matching contributions and dead-easy-to-use after-tax-401(k) contributions.
I recently spoke with a prospective client who wants to make sure their advisor can advise on cryptocurrencies, because they own some.
Cryptocurrencies fall cleanly outside of my investment philosophy, which is, in a word, boring: low-cost, broadly diversified investments that try to match the market performance, not beat it.
I am one of about five people in the United States who doesn’t have a Netflix subscription. During the last month, however, I had a free trial. Now that it’s over, I once more have time and brain power to do something other than binge watch Marvel superhero shows and “Dexter.”
The Netflix trial proved to me, yet again, that I have no self-control when it comes to watching screens. Honestly, my behavior in the last month disappointed me. “Surely I should be able to resist! What is wrong with me?” Read More
Whether you’re a confident investor, or you have a bunch of your money hiding out in cash, I think we can pretty much all agree that the stock market is unpredictable.
Historically it has always gone up…eventually, and so it’s reasonable for us to assume it’ll continue in that vein. But we can’t actually know that.
So, how do we protect against the possibility that the stock market will stop working the way it has in the past?
Do you have a goodly amount of money, but it’s all sitting in cash? Maybe you’ve gone so far as to put it into a high-yield online account, but still, it’s making at most 1.5% interest each year?