About My Website

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Eighty million American workers actively participate in their companies 401(k) plan. Collectively, they have $12 trillion dollars invested in these plans. They are required to make their own investment decisions by selecting mutual funds from a list prepared by an investment professional who is compensated by the mutual funds they place on the list. Last year, American workers paid $275 billion dollars in fees to have Wall Street manage their mutual funds. Over the course of the next decade this figure will exceed $3 trillion dollars.

There are those 401(k) participants who choose funds with minimal fees and superior performance. Others choose funds with high fees and subpar performance. My mission is to educate 401(k) plan participants on the impact of fees on mutual funds’ performance and provide them with commentary on how to use the cost efficient and best performing funds.

I have a 62-year relationship with the stock market. I have been a stockbroker, finance professor and individual investor. For the past ten years I have devoted my professional efforts as a free-lance stock market pundit.