To put this into context, the average employee will get slightly less than 3 percent of their salary from an employer in the form of a matching contribution, but there are many different scenarios offered by employers. The most common matching contribution guideline is one in which an employer...
First, we need to consider when millennials graduated. Ifmillennials are roughly 28 to 43 today, it means the oldest millennials graduated before the last financial crisis, and the youngest before the Covid pandemic. But many in the middle saw the Great Recession in full-force. Second, we ne...
The average daily percent move of the stock market has increased over time. The reason for the increase in stock market volatility is mainly due to technology and the speed in which information moves and trades are executed. In the past, information moved more slowly, thereby affecting stock pr...
4) People underestimate the drag of costs to investing. 1 or 1.5 or 2 percent seems so low, especially in a good year. Fees are a devil’s ball & chain on your wealth. As Bogle says, performance comes and goes. Expenses are always there.* 5) People want quick results. They want t...