Bruce and Mark work for a mid-sized technology company and they both have been contributing to 401k for years together . They learn at the year-end benefits meeting that a low fee Index fund will be added to their 401k plan from beginning of the next year. Bruce says “I am going to transfer allContinue reading “What is the right time to sell your old fund and change to a new fund?”
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Manhattan was sold for $24 dollars in trinkets…
Peter Minuit worked for Dutch North American Colony in the early part of 1600s. Why are we talking about him? You say. He made the greatest trade ever! If it is to be believed he purchased Manhattan island for the Dutch from Lenape Native Americans for $24 in trinkets. What is Manhattan worth today? ItContinue reading “Manhattan was sold for $24 dollars in trinkets…”
Moving your 401K balance to ROLLOVER IRA account when you leave a job.
You have your 401K account with your current employer. You have been contributing to it and your employer has been matching your contribution. Now over a few years your 401K has a considerable amount. You start thinking about leaving your current job and want to have a clear plan for your money in your 401KContinue reading “Moving your 401K balance to ROLLOVER IRA account when you leave a job.”
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