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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Reason for not participating in 401K plan
I never participated in 401K account for the first 10 years of my career. My reason was I would lose money since I might buy at a market high and sell at market low. This is a common fear in most of us. Not fully understanding a 401K plan and its purpose was the reasonContinue reading “Reason for not participating in 401K plan”
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