Although market gurus tout that you should expect 7% - 9% market returns year after year, the facts tell a different story. From 2000 to today, the S&P 500 has had annual returns of only 4 1/2%. Steve & Mark engage in a lively discussion of 401k fees and how you can get market-linked gains without market losses.
Studies have shown that investors are their own worst enemy. Money managers routinely recommend a diversified portfolio, but is that really what the average investor ends up with? Steve explains what true diversification looks like and discusses how to arrive at your risk tolerance number.
How do you go broke when you retire with millions of dollars? It's easier then you think! Steve and Mark review some of the mistakes people make when they come into a pot of money, whether that's retirement money or lottery winnings.
Steve & Mark provide some insights into market psychology and how you can protect your assets just by being more aware of what's happening.
Borrowing from yourself and paying yourself back with interest? Steve and Mark discuss the advantages of a life insurance policy over a 401K or IRA.