The Retirement Learning Lab, with Van Richards, ChFC®

Do You Unknowingly Own Russian Stocks? What now?

March 16, 2022 Van Richards, ChFC® Season 2 Episode 5
Do You Unknowingly Own Russian Stocks? What now?
The Retirement Learning Lab, with Van Richards, ChFC®
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The Retirement Learning Lab, with Van Richards, ChFC®
Do You Unknowingly Own Russian Stocks? What now?
Mar 16, 2022 Season 2 Episode 5
Van Richards, ChFC®

If you own a retirement account like a 401k, you probably split your savings up among a few different types of investments.

A lot of people use investment models provided by their employers.

And a lot of you don't really know which stocks or bonds your investments have. And really that is OK. The idea of investing in a mutual fund, a variable annuity, or an ETF is, so you don't have to be an expert.

But many people are surprised to learn that any of their retirement accounts have Russian stocks or bonds.

So how do you know and what can you do about it.
That is what today's podcast is about.

In today's podcast, I reference a lot of details. If you'd like to see the references to those details, please go to my blog and see the references to "Do You Unknowingly Own Russian Stocks? WHAT NOW?" Here is a link to my blog: https://richardsfinancialplanning.com/russian-stocks-what-now

Show Notes Chapter Markers

If you own a retirement account like a 401k, you probably split your savings up among a few different types of investments.

A lot of people use investment models provided by their employers.

And a lot of you don't really know which stocks or bonds your investments have. And really that is OK. The idea of investing in a mutual fund, a variable annuity, or an ETF is, so you don't have to be an expert.

But many people are surprised to learn that any of their retirement accounts have Russian stocks or bonds.

So how do you know and what can you do about it.
That is what today's podcast is about.

In today's podcast, I reference a lot of details. If you'd like to see the references to those details, please go to my blog and see the references to "Do You Unknowingly Own Russian Stocks? WHAT NOW?" Here is a link to my blog: https://richardsfinancialplanning.com/russian-stocks-what-now

Russian Stocks Have Turned to Penny Stocks
Does Owning Russian Stocks Bother You?
Investment Companies That Owned Russian Stocks
How do you find out if your fund owns Russian stocks?
Look at Income Fund Holdings
More common than you think.
Many Pension Funds Have Russian Stocks.
How do you find out?
Electronic Data Gathering, Analysis and Retrieval (EDGAR)
What now?
Many governors take a tough stance.
Look before you leap!
What if there's no more trading?
Could it come back?
BlackRock CEO, Larry Fink's statement
It’s hard to run away.
Breaking up is hard to do.
Selling now is a ripple in the ocean.
So, what should you do?
Invest in what helps
Don't forget....