Understanding Your 401(k), IRA and Other Pre-Tax Investments
Yes, the values of various stock are falling every day and the
media can not make up its collective mind if we are coming out of
the recession or if there is still a long road ahead. What does
all of this mean to you, the average investor. Well, if you are
still working and contributing to your pre-tax 401(k)'s,
403(b)'s, or IRA savings your strategies for salvaging your
retirement will include reviewing all of the investment options
found in your 401(k), etc.
Stock Market Falls Sharply
The stock market has been having a bad week. Wednesday the market
ended the day down over 300 points. I heard reports that this was
the result of investors taking their profits. Happens all the
time. Then within a few days, the prices on many great stocks is
so low that the investors are buying the stocks right back up.
Thursday, May 6th 2010 the market was again down over 300 points.
This pullback was blamed on the worsening economic and political
situations in Greece and the effect on the European Union.
Do You Know the Difference Between an Investment Advisor and a Broker?
As an fee-only investment advisor I come across clients from all
walks of life. Lately I have noticed something in common with
many of these investors. Many do not know the difference between
an investment advisor and a broker who manages and/or makes
securities recommendations for their clients' investment
portfolios. With the almost unprecedented volatility in the
securities markets, you cannot afford to dig your head in the
sand when it comes to whom is managing your assets.
Taking Advantage of the Stock Market
Is the market rebounding? The Dow, leveling out each week because
it gets a rise in the market one day and a pullback the next day,
comes from investors' taking their profits. This will probably
continue for a year or so until the really large investors such
as Hedge Fund Managers, Institutional Investors like Mutual Fund
and 401(k) managers start purchasing the really great stocks at
lower prices for the longer term.
How to Invest in a Rough Economy: Investment Advice from the Experts
The stock market crash of 2008 lost many investors a lot of
money, and had many other investors bailing out of stocks for the
safety of savings and checking accounts, treasury bills and gold.
However, it is still possible to invest - and yes, even make
money - during the current rocky economy.