Tag Archive for Bernard Madoff
Dos and Don’ts of 401k Investing
As you know, a 401k is a retirement savings plan. If you are nearing retirement, you are well familiar with this plan. However, if you are in your 20s or haven’t given retirement much thought until now, you may be curious about 401k investing. What should or shouldn’t you do?
DO have a 401k. If you are not participating in your employer’s 401k retirement savings program, start now. You are never too young to save for retirement. In fact, the earlier you start, the more money you should Read more [...]
401k Investments: Should You Choose or Let a Professional?
401k plans are retirement plans designed to supplement pensions and social security. They are funded through employee payroll deductions. An employer has the ability to match all or a percentage of funds contributed. The money is then invested for long-term success. Most individuals opt for bonds, stocks, or a combination of the two.
If you are just creating your 401k plan or if you are now just realizing the importance of yours, a question may arise. That question is whom do I let handle Read more [...]
401k: Don’t Put All Your Eggs in One Basket
A 401k is a retirement savings plan. It is funded by employee payroll deductions and, occasionally, employer matching contributions. The money is put in a fund and invested. Some employees opt for low-risk investments, such as short-term bonds. On the other hand, others play the gambling game and dabble in the stock market. Which should you choose? Both.
On December 11, 2008, it was learned that well-known stock market expert and financial expert Bernard Madoff wasn’t an expert investor Read more [...]