You can't control your returns on your 401k!
Just a quick reminder, you can’t control the “returns” that you earn on your money. But you can control the “risk” that you take with your money.
And “risk” and “return” are highly correlated.
So, if it has been awhile since you reviewed the amount of “risk” that you are taking in your 401k plan, now is the time to talk to your financial adviser.
Now is the time to review your accounts!
We are heading quickly into an election, and today, the major indexes have failed to rise above some pretty important “technical” indicators.
We are going to see increased volatility!
So, make sure that your money is “prepared” by only taking the amount of risk you are comfortable with.
Talk to your financial adviser today and let them know you want confidence in your 401k plans!
Kevin T Clark, RF
CEO & Co-Founder of Plan Confidence Corporation