Scott Kahan
Scott Kahan
people realize save
With a 401(k), people don't realize how much they can save in taxes. They're clueless.
add additional age bringing grow including ira next outside percent plans saves
If he saves $2,500 between his 401(k) and outside savings, which he plans to do, this will grow to $526,450 at 8 percent over the next 11 years. The IRA rollover would add an additional $385,000 by age 57, bringing his investments, not including real estate, to over $900,000.
looks low money save since year
It looks like he can save a lot of money each year since he has low expenses.
feeling good people time
People may have a better feeling psychologically than they did at the end of the year. They're a little more comfortable. So this is a good time to do a self-assessment.
bad few good people pull shining technology
People look at technology like it's a shining star, but it's no different than any other sector. A few good years can really pull up the averages. But a few bad years can really pull down the averages.
happens money people throw
What happens is when something does well, people throw money at it.
small
For small investors, they probably aren't the place to be.
great hooks increase straight
If it's a straight increase without other hooks in there, it's a great thing.
interest people rates
With interest rates rising, we're advising people to go back to bonds.
brand company fund funds good indication performers strong
Brand recognition is nice, but a fund company that has a lot of good performers may be an indication of strong research. But not all funds will do well.
eligible money savings starts stop though
Even though he is not eligible for the 401K, he can allocate this money into his non-qualified investments and then stop those savings when he starts his 401K.
buy hottest less people stocks
When people buy the hottest stocks or the hottest funds, they end up having less and less diversification.
funds information smarter
So look at the funds you own or ones you're considering buying. All that information can only make you a smarter investor.
average based buys chase investor looks people returns smart
People shouldn't chase returns. The average investor looks back at returns and buys based on performance. But people have to look at the worst-performing sectors, not the best-performing ones. That's where the smart investor goes.