The 401k Fallout

Since this is a blog format, posts are being always sorted in chronological order. I label each post to group them by topic. This one goes into General section.

If you are to watch the video, read this article first to see how different sentiment toward 401K was back in 1997.

The video was broadcastred on April 19, 2009 when S&P was 870. Today, just a little over a year later, S&P stands at 1023 after hitting 1217 just two short months ago. That's a 16% loss in two months.

Comments to the video can be read here and a short interview with Steve Kroft here.

Protecting Your 401(k) When Markets Tumble

I came across this article that is a good example of what we are being told. The author is a "markets and investing writer for Daily Finance. He spent 13 years covering investment and business news".

I did not expect this Stay Fully Invested advice in an article with Protecting Your 401(k) When Markets Tumble title. Did you?

Phil Grande on 401K

I am a fan of his. Yes, I know that he often gets too grumpy. I do see his limitations if I may say so. Yet I respect the man. Anyway, here is his radio show dedicated to 401K plans (June 1, 2010).
Phil Grande radio show June 1, 2010