Yesterday on the Mullooly Asset Blog, we outlined a handful of things every client should tell their advisor. Does your advisor need to know what you had for breakfast today? No, but if it has to do with your financial situation or income – they NEED to know!
Find out what FOUR things we said you need to tell your advisor here.
Here’s what I’ve been reading this morning:
‘Will Money Printing Cause Inflation?’ – Michael Batnick – The Irrelevant Investor
- Government spending in the US has skyrocketed in 2020 to try and defeat the COVID-19 crisis. Michael looks at the question on a lot of folks minds, will this cause inflation? The answer might surprise you a little bit.
‘Why Even the Best Stocks Have to Crash’ – Ben Carlson – A Wealth of Common Sense
- Even the very best stocks over the last few decades have experienced massive draw downs. Ben takes a look at a handful of the biggest names with the biggest gains, and shows how volatile they’ve been over the years.
‘100 Must-Know Statistics About 401(k) Plans’ – Christine Benz – Morningstar
- 401(k) plans have been under the microscope recently, and Christine says with good reason. While they are still viable retirement saving options for many Americans, things have changed over the years with these plans.
‘Corrections Happen’ – Barry Ritholtz – The Big Picture
- Unfortunately, all investment charts don’t just go up and to the right forever. As Barry illustrates in his latest post, all investments have corrections. He uses the NASDAQ as his latest example.