VIDEO | How To Rollover Your 401k

Published on Nov 19, 2012 Why do you need to know the details on how to rollover an old 401(k) plan? FULL ARTICLE HERE – http://bit.ly/UP7gZK – The average person holds 11 jobs from the age of 18 to 44, according to the Bureau of Labor Statistics, and for many of us that means 11 or more workplace retirement accounts. Because not all employer plans require you to leave the plan when you leave the company, you could end up with several, disparate retirement accounts. I like to use the analogy of being a babysitter when it comes to orphan 401(k) plans. Every time you leave an old an employer and start with a new, essentially you leave a child in a backyard. If you move between three or four different jobs over five to ten years, that means you’ll have several kids in several different backyards. The real question is how will you be able to babysit all of those kids and ...

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Did You Learn Anything From DotCom 1.0?

There is an old saying that history has a way of repeating itself.   For those of you who can remember the glorious run of the stock market in the late 1990’s filled with internet companies who went public faster than you can say ding ding of the opening bell on Wall Street, are we now watching the launch of DotCom 2.0 in the stock market.    With Facebook going public last week with over a 100 billion dollar valuation, have we as investors and consumers learned anything about risk and investing our money?    Here are three things to be thinking about when it comes to managing your money and trying to make sensible decisions for your overall portfolio. Understand Appropriate Risk Relative To The Time Frame You Need The Money– Even with information available to us with a click of button on the internet, I still believe investors truly don’t understand risk.    One of the simple ways I’ve described this to ...

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