Insights

What are the most important things in a 401(k) retirement plan? What companies say -  Employees understand and like the plan Good employee participation Good investment choices Reasonable costs Good vendor service and communication What regulators say -  Plan is run...

THE ECONOMY The economy continues to rebound, but the rebound is far from evenly distributed and has been thrown more in doubt by the huge surge in COVID 19 cases the last month and less in doubt by the news that the trials of Moderna’s vaccine produced very strong...

I am the lone conservative in my family. I also subscribe to the NY Times, a high quality paper that I find aggressively and pervasively anti-Conservative. While I find that very annoying, I read it anyway because I want to be informed. If you are a liberal, I...

Back into the Black, Temporarily? As of the start of this week, many of my clients were in the black for 2020 and nearly all the rest were down some single digit percentage for the year. That is due to good fund selection by focusing on funds favoring large growth...

Extreme Volatility Why is the stock market falling or rising 5% and 10% in a day over and over? Is it panic selling? Yes and no. Some people are selling because they believe the economy is going into free fall and corporate profits will fall a lot. Others are selling...

See today's post on my Cornerstone Investment Services FB Page

Ever posted a picture of yourself online? Chances are your face is now in the files of Clearview Facial Recognition, a  company that has software that allows police to track down criminals. That's a good thing, but it is built using a database of many millions of...

The Dept of Labor, which oversees retirement plans, publishes a brochure entitled Meeting Your Fiduciary Responsibilities, i.e. those that come along with oversight of a retirement plan. While the DOL has published a lot and there is a lot to keep up with, this is a...

More facts from a WSJ article on student debt. The average student loan balance for a graduate with a degree in Dance from New York University is $96,000. About 30% of student loans are in income-based repayment plans with another 20% in forbearance and another 10%...