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Kill the 401(k)?

I read an article in last Sunday’s Boston Globe titled “During a bear market, future of the 401(k) is questioned.” The author gives us some data points such as “about one in four 401(k) participants ages 56 to 65 had more than 90% of their money invested in stocks.” Now, this is just one data [...]

Have We Hit Bottom?

Just as recessions are only determined after the fact, so is their end. Today the S&P closed at 750.74, nearly 12-1/2% above its recent low. We will only know months from now whether that low was in fact the bottom, and we are slowly coming out of the bear market. One other data point that [...]