Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
From looking at the 5 points in the summary, it sounds like similar advice. It’s been all I needed to do realistically well for myself, and once you set things up, if you’ve been honest with yourself in your risk levels, you set it and forget it for a couple decades, since so many sites let you automate everything.
It really doesn’t need to be hard, I think a lot of people think it’s going to be and just flat out don’t want to learn, even when I try to ELI5 to them. I’m honest with them and will show them my balance and holdings to show I’m not blowing smoke, but I don’t know if anyone but my wife and ex have ever listened, and even then I think it was just so they didn’t need to listen to it anymore. 🙄
From looking at the 5 points in the summary, it sounds like similar advice. It’s been all I needed to do realistically well for myself, and once you set things up, if you’ve been honest with yourself in your risk levels, you set it and forget it for a couple decades, since so many sites let you automate everything.
It really doesn’t need to be hard, I think a lot of people think it’s going to be and just flat out don’t want to learn, even when I try to ELI5 to them. I’m honest with them and will show them my balance and holdings to show I’m not blowing smoke, but I don’t know if anyone but my wife and ex have ever listened, and even then I think it was just so they didn’t need to listen to it anymore. 🙄