RSSThough the S&P 500 remains 28 percent below its October 2007 peak, employees who have stayed invested in 401(k) plans and continued to contribute have fared better. About 78 percent of them now have more money in those accounts than before the market top three years ago, according to estimates by Jack VanDerhei of the Employee Benefit Research Institute.
Showing posts with label financal 401 k. Show all posts
Showing posts with label financal 401 k. Show all posts
stock market drops
/
On May 20, 2010 I was attending day 2 of the NAPFA National Conference and the Dow Jones Average dropped 376 points. On September 15, 2008 I was attending a TD Ameritrade Conference and the Dow dropped about 500 points (and Lehman Brothers declared bankruptcy).
I enjoy attending conferences (especially NAPFA conferences) because I have the opportunity to attend educational sessions on various financial topics and most importantly I have the opportunity to talk with and learn from my fellow financial advisors.
401k plan sponsors
/
If you are wondering what these topics have to do with each other please read on.
Recently my wife and I wanted to try a restaurant on North Rush Street in Chicago. It was early in the dinner hour on a warm Saturday evening and they had an open table right on Rush Street. Nobody was waiting but the snooty hostess wouldn't let us have it as the table was for four. Half the fun of dining out in this area during nice weather is sitting along Rush Street and watching the array of people who parade by.
Subscribe to:
Posts (Atom)