Agree Dwight...Experience really IS the best teacher I was just going to share a clip from one of my favorite shows "The Office" then I heard Dwight say "Experience is the best teacher." This phrase, when applied to investing, can be extremely valuable. If you've been [...]
Did the recent market volatility force your hand (and mouse) to sell your portfolio and sit in cash? Don't worry. You aren't alone. Many investors - when they lack a market pullback strategy are gripped with panic and stress and sell out of the market at some point. Maybe [...]
As I'm typing this, the S&P 500, the broad market index that is used as the common test of "how the market is doing" is down about 14% in 2022. That's up from a low of around 23% back in June. Basically, 2022 hasn't been a great year in [...]
We did it this week...we officially crossed into Bear Market territory....another term for the broad market being down more than 20% from its peak. You've probably seen a scary bear or one like I used in the the blog banner above in a lot of articles talking about the [...]
Do you know that you can pull funds from your 401k before you retire? With the recent market volatility, many Lockheed employees are looking at in-service withdrawals an option to take some of the timing risk out of their retirement nest eggs. The in-service withdrawal is an option for [...]
No matter what you want to blame it on (Omicron variant, inflation, Ukraine, politics, UFO sitings, etc.), 2022 didn't get off to a very good start in January. We even moved into "a market correction" briefly before a small bump in the last two days of the month. [...]
What 401k mistakes do Lockheed Martin employees (and employees of a lot of other companies out there) typically make? Your 401k is most likely the most important retirement vehicle you'll have when you retire. But why do so many people not treat it that way? Below are a few [...]
The post below is originally from 2020...but the information is consistent with the most recent pullback that began in January 2022..as always, consult with your financial advisor to determine how you should react during a market pullback since he or she will know your current financial situation. The [...]
Market Corrections: Should pre-retirees be frightened? October has not been a great month for the market. The S&P 500 - one of the measuring sticks that is commonly used by investment and major news organizations - is down around 9% for the month, erasing most of the gains we've [...]
Over the last few months, I have been describing the changes that are occurring with Lockheed Martin retirement benefits. A lot of these changes are affecting those with a LM pension, but many new employees hired after 2006 weren't offered a pension option at all. So what are they [...]
