“Oh my God, Oh my God!!! These markets are in turmoil!!! EVERYTHING is CRASHING Today!!!”  This wild overreaction was captured from a random news personality on a random financial news station Friday after the market responded to the British vote to depart the European Union (BREXIT).  This crescendo of fear has been orchestrated with the same type of buildup as Y2K.

Aside from the politics of freedom vs. perceived safety, this is a great time to examine the larger question for investors… “Would media owners try to influence an outcome by curating the news they report?”  Errr um, no not that question, but the other one, “How do I manage risk in my portfolio when everything seems to be changing so much?” (more…)

The American Benefits Council reported recently that 401k participation rates are at all-time highs. Not so many years ago, participation was near 60% of eligible employees nationwide, an incredibly low number.  Recent surveys suggest participation rates are near 91%.  However, with the employee’s contribution (and growth) growing tax deferred and often matched by your employer it would be reasonable to expect 100% participation. Historically for many, plans seemed too complex and daunting for younger investors.  In addition, younger workers saw retirement as something in the distant future and once placed a lower priority on saving in general. (more…)