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What Fantasy Football Can Teach You About Investing

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If you’re like me, you recently drafted players for your Fantasy Football team. As you sat online with thousands of other fans and fanatics scattered nationwide, chatting about and nabbing the best running backs, quarterback and kickers for your imaginary team, you may feel you learn little about investing. Wrong call.

Fantasy Football is a billion dollar business that has more to do with investing than you might think.  The thought process involved with picking and managing your team can be similar to investing in your 401(k).

Here are mistakes to avoid on the make-believe gridiron and in our very real stock market.

Is It Time To Make Changes to Your Investment Portfolio?

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The stock market has taken us for an emotional ride during the past couple of months, and you may be asking yourself if you should make changes to your investment portfolio.  While changing strategies can be a good idea, it’s better to base those decisions on analysis and in the context of your long-term investment plan rather than on emotion.  Before changing your investments, consider whether or not your response is an overreaction to the news.

It is always good to review your portfolio on a quarterly or annual basis to make sure you are on track to reach your goals.

Click here for the questions you should ask yourself when thinking about making changes to your investments.

How to Keep This Crazy Stock Market From Driving You Nuts

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So, how do you stop the market from making you crazy?

The current market is a reminder that days sometimes feel long, while years pass quickly. Don’t confuse that feeling and make long-term moves based on what’s happening on any given day. That’s how years pass and you wind up short of your goals, when the odds were in your favor that staying the course would have paid off.

Read more by clicking here.

The Best Revenge on an Ex-Husband: Building Wealth

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With the help of a financial advisor, a divorcée bounces back.  Her advisor told her that the best way to get back at her ex-husband was to become extremely successful.  He was right.

Read full story here.

Survival Tips for Bear Markets

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What is a bear market?  Bear markets are normal, but not predominant.  Statistically, we are overdue. The most recent bear market ended in March 2009 — more than six years ago.

Learn how to survive the Bear Markets here.

In Your 20s? 30s? 40s? 50s? 60s? The Best Financial Goals for Every Age

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We’ve devised a little roadmap of goals that everyone can follow to make sure they are meeting the right financial goals for their age.  Of course, you can accomplish any of these goals sooner, but this is a good general map of where you should be at any given age:

Learn more here.

What the Supreme Court’s fixes for retirement savings may do to your 401(k)

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SUPREME COURT RULES WORKERS CAN SUE OVER HIGH 401(K) FEES

On Monday, The Supreme Court of the United States ruled that workers can sue their employers over high fees in their 401(k) plan offerings. Workers have complained for years about being forced to choose high fee investment options in their 401(k) plans because of a lack of other options. In a 9-0 decision, the justices decided that employers could be sued if their retirement plans offer employees mutual funds with unnecessarily high fees.

Learn More Here.

Should I Pay Off My Debt or Start Investing?

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Should I pay off my debt or start investing? This question, perhaps more than any other, has plagued investors for generations. Ironically, it is one that can be easily decided by using a bit of simple math.

Read more here.

The Recipe for Building a $1 Million Retirement Plan

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The 401(K) has become America’s number one way to save for retirement.  The stock market’s recent bull streak has not only pushed the average 401(k) plan balance to record highs, but also boosted the ranks of a new breed of retirement investor: the 401(k) millionaire.  To join this “Million Dollar Club,” you need to learn all the right ingredients to this recipe.

Click here to read the article.