Chumming the 401(k) Waters

I have sympathy for the folks in HR.  Basically their job seems to be to handle everything the boss has no idea idea what to do with – while they fill in for the receptionist, clean the lunch room and fix payroll problems at the same time. So it probably shouldn’t surprise me when my […] […] Read more

Right Fund – Wrong Share Class

Let’s imagine for a moment that you have hired a suit and tie guy to help you with your 401(k) plan. The funds that adviser puts on your 401(k) menu look good – names like Vanguard, T. Rowe Price, American Funds, Fidelity and Dodge & Cox.  Let’s also assume that you have made sure you […] […] Read more

“Your Fired” – Donald Trump

Breaking up is hard to do, especially when you are breaking up with the most popular person in school:  American Funds Growth Fund Of America.  This mutual fund is found in most 401(k) plans and it is one of the largest, most popular funds out there. Here is the problem:  The fund is described as […] […] Read more

I Promise You…Average Investments

I Promise You…Average Investments. Low cost index funds that promise you “average” returns can be a hard sell.  Here is how my conversation goes when explaining it to prospective clients: KURT:  If you want to know the single biggest predictor of a mutual funds future success – just look at it’s cost.  For mutual funds […] […] Read more