Today was a bad day across the board in financial markets, and the S&P 500 officially entered a bear market. The mainstream financial media is overwhelmingly painting a grim picture of our financial futures.
A new feature is coming to the largest defined contribution 401(k)-style retirement plan in the world, unlocking access to thousands of new mutual funds. Unfortunately, it’s absolutely terrible — here’s why.
I’m quite frankly tired of hearing people rave about cryptocurrency. You’re not going to get rich off this crap. Chances are you’re going to lose most of the money you put into it. Because it’s overvalued, overhyped vaporware.
Financial markets have been on a tear recently. It feels like a bubble. There’s an irrational exuberance among investors, especially novice investors. What should you do?
Over my entire career, the only international equity fund offered in my retirement plan has been a fund that tracks the MSCI EAFE. For those of us wishing to invest for maximum diversification, this represents a problem — that index covers less than 60% of the total international stock market!
For me, the best investment strategy for getting rich is the most reliable, reproducible path.