It’s not that fancy. With the S&P 500 gaining 12.6% since November it can be easy to fall into the trap of wanting to chase performance. Investors lose sight of the fact that the more growth they seek usually runs the risk of experiencing larger losses when the market goes down. The principal of systematic investing takes the emotion out of investing, takes advantage of the power of compound interest, and takes the guesswork out of … [Read more...]
On the Money: Teachers are Being Taken Advantage Of
Recently, I’ve been dissecting 403(b)s for some young teachers as I’ve constructed their financial plans, and to put it bluntly, they and many veteran teachers are being taken advantage of. To clarify, this article is directed at K-12 teachers who have a 403(b) through an insurance company. Whether they’re a millennial approaching retirement or in retirement I would bet they haven’t read the entire 400+ page prospectus on their 403(b) that … [Read more...]