Wall Street for Dummies
Eighty million American workers actively participate in their companies 401(k) plan. Collectively, they have $12 trillion dollars invested in these plans. Regulations require them to make their own investment decisions by selecting from a list of mutual funds prepared by an investment professional who is compensated by the mutual funds they choose to include 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 is 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. The mission of Wall Street for Dummies 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. I have no investment products to sell. All I to offer are the objective observations of one who has been there and done that.
Wall Street for Dummies
Season 1, Episode 16 Half Time Score Stock Market 2025, Wall Street 2.7, Main Street 4.9
The normal half time segment of a televised football game, begins with a petite blond female reporter accosting the loosing coach with a mike and screeching at him, “Your losing by 49 points, what do you need to change in the second half?” The answer is obvious to everyone except the blond reporter: Score more points.
In this exciting and insightful episode of my podcast, I will discuss what the experts predicted the market would do during the first half of 2025, and report on what really happened. This will offer you an opportunity to reflect on how your retirement dollars performed during this period and what you need to do to make the second half a winner.