This is the decade in which retirement savers need to accelerate their savings efforts in order to take full advantage of the positive impact time has on the growth of that savings.
Tag "Robert Johnson"
It’s not rocket science, but it’s not easy – either saving in the first place and then investing for the long-term, which means 20-year olds better be as comfortable riding the market as much as they are riding an amusement park roller coaster.
“Nothing is more in the best interest of the child. The judicious carrot of spending, when managed properly, actually instills a strong sense of and desire to save and, ironically, not spend.”
It is critically important that retirement savers make a long-term game plan for their savings and investing strategy.
Each of these is dripping with overtones from the lessons of behavioral finance.
Is the industry up to the task of leading the charge towards retirement readiness?
Why have these people failed to learn from history and what can be done to prevent them from hurting themselves?
The future of true asset allocation may lie in understanding its past.
The results are in. Asset allocation doesn’t work in the long run. Rebalancing doesn’t produce better returns in the long run. In short, asset allocation as popularly practiced is myth.
