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  1. Jennifer Schultz
    Interesting piece - and shows how you never know what some employers motives are.
    Is your employer using your own 401(k) plan to rip you off?
    Jennifer Schultz
    Is your employer using your own 401(k) plan to rip you off?
    www.yahoo.com Wells Fargo isn't the only U.S. firm that's profited illegally off its employees. Here's how to check whether your boss is self-dealing at your...
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    Jared Wiese
    05/12/2016 #28 Jared Wiese
    This section was buried in the second half of the article:

    SO WHAT CAN YOU DO IF YOUR EMPLOYER'S 401(K) PLAN STINKS?
    "First, contact your employer and point out the problem(s). Your employer has a fiduciary responsibility to offer a plan that is in your best interest — not its own. If it doesn't remedy the situation, not only will it have dissatisfied employees, but could find itself in a lawsuit or in trouble with regulators, who can be very responsive to anonymous employee complaints.

    Second, if your 401(k) plan offers in-service withdrawals (some plans allow this), transfer however much the plan will allow into an IRA, where you'll have full control of your funds.

    Third, see if it makes sense for you to reduce your 401(k) deposits to the level that will provide a full employer match (get that free money), and then direct the remainder of your retirement savings into a Roth IRA (limited to $5,500 if you are under age 50, and $6,500 if age 50 or older).

    Finally, petition your congressman or senator to broaden your retirement savings beyond your employer. The only thing that prevents you from saving in an IRA of your choosing versus being stuck with your employer's options is, I'm sorry to say, our outdated legacy tax laws."
    Jared Wiese
    05/12/2016 #27 Jared Wiese
    No, I don't work for Robbins or AmericasBest401k, or even use them. Yes, I tried with my company, but was told by management that they had already fulfilled their DOL duty and moved to a better plan. Hogwash! At least I tried...

    "Protection Matters:
    The business owner (aka plan sponsor) is liable for their 401k choices! Increasingly, employees are suing employers for not taking the steps to eliminate excessive fees. The DOL is also out in full force in the matter."
    - http://americasbest401k.com/


    "Among the key points that HR plan managers should keep in mind:

    • The employer and any board, management or staff committee involved in decision-making for the plan are already fiduciaries, obligating them to adhere to participants’ best interests when selecting and monitoring plan investments and service providers—and subjecting them to potential liability if they do not.

    • Certain financial advisors, including broker-dealers, insurance agents and mutual-fund firm representatives, generally have not been subject to liability under the fiduciary standard.

    • Under the new rule, nearly all the types of advisors that a plan would rely on to provide investment advice to plan sponsors and plan participants will now be held to the fiduciary standard."
    - https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/fiduciary-rule-plan-sponsors.aspx


    Check out my post for more info on index funds and investing:
    https://www.bebee.com/producer/@jaredwiese/how-to-invest-better-and-safer-than-warren-buffett
    Jared Wiese
    05/12/2016 #26 Jared Wiese
    "funds offered in your 401(k) are selected based on the investment firm’s willingness to kick back some of the fees they make off of you. In short, the funds offered are chosen based on how they benefit the 401(k) provider, not you.

    So how much does the limited selection of funds really affect you? Aren’t all funds basically the same? That would be a resounding 'NO.' Funds vary greatly in both their return and the fees that they charge, so the selection of funds could make the difference between a comfortable retirement and running out of money when you need it most.

    This conflicted advice is costing Americans $17 billion dollars a year, according to a report (pdf) earlier this year from the White House Council of Economic Advisors. You know now how 1% in fees can cost you 10 years of retirement income, so how do you select funds that will return the maximum performance at the lowest cost?

    Warren Buffett gave us all the answer in a letter to his shareholders:
    'Most investors, both institutional and individual, will find that the best way to own common stocks (shares) is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after the fees and expenses) of the great majority of investment professionals.'

    Essentially, the answer is indexing."
    - https://www.tonyrobbins.com/wealth-lifestyle/ab-401k-funds-matter/

    (more...)
    Jared Wiese
    05/12/2016 #25 Jared Wiese
    My real-life example:

    A Vanguard S&P 500 index fund has an expense between 0.05 and 0.17%, depending on share class. Not too bad, right?! Many funds charge closer to 1% and that does not even include additional "plan expenses", easily bringing what you pay from 1-3% in total fees.

    When I first started looking into my company's plan, they had 4 funds with the S&P 500 as a benchmark. So, for the exact same fund and performance, I was paying from .32% (6x more than 0.05%) to 0.51% (10x more!). After I pointed this out, they agreed to get a Vanguard fund. You guessed it, at the 0.17% - still 3x too much. That was just one example, but with THE fund Warren Buffett says is all you need. (More on that later.)

    The best 401(k) company I've seen is AmericasBest401k. Google it! They act as a fund company AND a fiduciary. That means they are on the hook for their investment advice and can charge rock-bottom fees. Their "all-in" cost is .75%. Like I said above, most companies think they are doing well if they charge their employees 1-3% in fees. "Come on, what's a little 1%", you ask? Well, each 1% in fees takes 10 years off your retirement money!...

    "For 30 years, the 401(k) industry didn’t have to tell anybody how much they were charging! Now that they must disclose, 401(k) providers bury their fees deep within long and difficult to understand documents, effectively keeping their customers in the dark. But what the majority of Americans don’t realize is that an increase in 1% in fees will cost you 10 years in retirement income!"
    - https://www.tonyrobbins.com/wealth-lifestyle/401k-fees-matter-video/

    (more...)
    Jared Wiese
    02/12/2016 #7 Jared Wiese
    An S&P500 index fund should be
    Jared Wiese
    02/12/2016 #6 Jared Wiese
    In short, if your 401(k) does not offer INDEX FUNDS with the lowest fees, you are being ripped off. Your company might not even be aware!
    Jan Barbosa
    02/12/2016 #4 Jan Barbosa
    Good one !!!
    Jared Wiese
    02/12/2016 #2 Jared Wiese
    This is YOUR RETIREMENT $, folks. So important and so much you can do about it!

    Sharing all over...
    Randy Keho
    02/12/2016 #1 Randy Keho
    401k plans have been a ripoff from the beginning.
    Anything subject to fluctuations in the market is a gamble at best. Ask anybody near retirement age.
  2. Huw Roberts

    Huw Roberts

    07/12/2016
    Stockomendation Hits Major Milestone - now tracking the performance over 20,000 UK stock tips! Over 470 new tips per month & growing fast! www.stockomendation.com Huw Roberts
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  3. Huw Roberts

    Huw Roberts

    30/11/2016
    Top 5 stock tips this week. Join @Stockomendation (free) to receive tips & alerts about the stocks that interest you. Huw Roberts
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  4. Huw Roberts

    Huw Roberts

    23/11/2016
    We are now close to 20,000 active stock tips onsite. Sign up (free) to Stockomendation for regular tip updates and notifications like these Huw Roberts
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  5. Huw Roberts

    Huw Roberts

    21/11/2016
    These companies are the most-tipped stocks @Stockomendation. Join now (free) for current and historic tips and links to original articles... Huw Roberts
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  6. Huw Roberts

    Huw Roberts

    16/11/2016
    Stockomendation members receive regular stock tip updates and notifications, as well as watch list and portfolio tools. Join now for free! Huw Roberts
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  7. Huw Roberts

    Huw Roberts

    09/11/2016
    So far this week 4 out of 5 of the top stock tips are by The Motley Fool. Join Stockomendation (free) for tip updates & notifications Huw Roberts
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  8. Huw Roberts

    Huw Roberts

    02/11/2016
    Join @Stockomendation for free and receive daily stock tip alerts and regular updates Huw Roberts
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  9. Jared Wiese

    Jared Wiese

    27/10/2016
    How to Get Filthy Rich Quick - 4 Hour Work Week and Rich Dad Poor Dad Money Making Ideas
    How to Get Filthy Rich Quick - 4 Hour Work Week and Rich Dad Poor Dad Money Making Ideas Learning how to get rich in a short amount of time if you’ve ever read The 4 Hour Work Week or Rich Dad Poor Dad. The book, written by Tim Ferriss and...
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  10. Huw Roberts

    Huw Roberts

    26/10/2016
    When you join @Stockomendation (free!), you receive the latest UK stock tips and performance data as well as email updates and notifications Huw Roberts
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  11. ProducerFinnegan Pierson
    3 Things to Consider as a First-Time Home Buyer
    3 Things to Consider as a First-Time Home BuyerBuying a home can be daunting, especially if it's your first time. There is a lot of paperwork (enough to give you a headache), and there are many things to keep in mind when looking for the right place. Before you sign your life away, there are a...
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  12. Huw Roberts

    Huw Roberts

    19/10/2016
    To receive stock tip updates like these, sign up for free today! Get the tips, the stats and the links at Stockomendation Huw Roberts
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  13. Jared Wiese

    Jared Wiese

    10/10/2016
    Robin Powell on LinkedIn shared an update/conversation (www.linkedin.com/hp/update/6190937869566164993):

    "The 0.00% fund fee has finally arrived. How about *negative* fund fees? Why not, says Jason Zweig"...
    Jared Wiese
    The ETF With the 0.00% Fee
    blogs.wsj.com This past week, BlackRock, the world’s largest asset manager, cut management fees on some of its iShares exchange-traded funds to as low as 0.04%. But why stop there? And why stop at...
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    Comments

    Keith Bare
    24/10/2016 #5 Keith Bare
    #4 Generate Capital CEO Jigar Shah is my new #SugarDaddy in Hydrogen giving PLUG loans based on Walmart accounts receivables!!! Walmart has signed for over 100 million in 2017, 18-24 Distribution Centers and over 5000 more Hydrogen Forklifts
    Jared Wiese
    24/10/2016 #4 Jared Wiese
    #3 Well, that speaks volumes! Congrats.
    Keith Bare
    24/10/2016 #3 Keith Bare
    Blackrock own 9.4 million shares of my $PLUG Power, they are the largest shareholder
    Jared Wiese
    10/10/2016 #2 Jared Wiese
    Sharing in investments
    Jared Wiese
    10/10/2016 #1 Jared Wiese
    Sharing in Investing
  14. Huw Roberts

    Huw Roberts

    07/10/2016
    Here are the TOP 10 TIPS from our September Stock Tip Competition. Look out for more great competitions from Stockomendation. Huw Roberts
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  15. Jared Wiese

    Jared Wiese

    04/10/2016
    Robin Powell posted this observation on LI:

    "Jack Bogle may or may not be right when he says we're heading for an era of lower returns. If he is, it'll be all the more important to keep costs low"
    I would agree!

    by Christine Benz at Morningstar.
    Bogle Forecasts Low Stock and Bond Market Returns
    Bogle Forecasts Low Stock and Bond Market Returns Warning of 'much lower market returns' ahead, Vanguard founder Jack Bogle urges investors to seek low-cost investment products. For all Morningstar videos:...
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  16. Huw Roberts

    Huw Roberts

    04/10/2016
    Stock Tip Competition Results: Week 2 Winner Ryan Kia said: BUY Sepura (SEPU). Share price rose +29.17% in Week 2. Congratulations Ryan! Huw Roberts
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  17. Huw Roberts

    Huw Roberts

    26/09/2016
    Wk4 of the Stock Tip Competition is now open! See if you can be top tipster this week! Submit your tips at
    Huw Roberts
    Find Stock Tips with Stockomendation
    www.stockomendation.com View 1000s of stock tips from the UK's leading sources all in one place, updated daily with tip performance...
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  18. ProducerJared Wiese

    Jared Wiese

    18/09/2016
    10 Rules to Invest Your Money... OR 1 Word: INDEXES
    10 Rules to Invest Your Money... OR 1 Word: INDEXES I've summarized one of the best articles I've seen on the rules and mindset of #investing. It comes from Kathleen Elkins on http://www.businessinsider.com In summary: Only invest money you won't need for a long timeDon't time your...
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    Jared Wiese
    21/09/2016 #1 Jared Wiese
    Renamed title. Like?!
  19. ProducerFinnegan Pierson
    Effective Methods to Improve Commercial Real Estate Investing Results
    Effective Methods to Improve Commercial Real Estate Investing ResultsInvesting in commercial real estate can be a great way to ensure that your real estate portfolio is diversified in the long-term. It can also be a great way to ensure that you have a rent check coming in over the next several years. Even if you are...
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  20. Jared Wiese

    Jared Wiese

    07/09/2016
    Jared Wiese
    How to Invest Better and Safer Than Warren Buffett
    www.linkedin.com This post is both a 9-point critique of the Ultimate Cheat Sheet for Investing post from James Altucher, coupled with better tips I have learned over the years about investing.  Someone who bought...
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  21. Huw Roberts

    Huw Roberts

    05/09/2016
    The September Stock Tip Competition is now open! Visit to submit your stock tip and win a copy of 'The Art of Execution' by reknowned fund manager Lee Freeman-Shor
    Huw Roberts
    Find Stock Tips with Stockomendation
    goo.gl View 1000s of stock tips from the UK's leading sources all in one place, updated daily with tip performance...
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  22. Huw Roberts

    Huw Roberts

    01/09/2016
    Submit your stock tips throughout September to win a copy of 'The Art of Execution' by Lee Freeman-Shor. Competition starts Mon 5th Sept. Sign up free at
    Huw Roberts
    Find Stock Tips with Stockomendation
    stockomendation.com View 1000s of stock tips from the UK's leading sources all in one place, updated daily with tip performance...
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  23. ProducerFinnegan Pierson
    What to Know About Your First Property Flip
    What to Know About Your First Property FlipIf you are flipping your first property, you should know that it is not as easy as it may look on television. Typically, those who have their own shows are experts who have many years either buying and selling homes for a profit or who have a lot of...
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    Tammy Campbell
    23/08/2016 #1 Tammy Campbell
    Great Information, flippers aren't customers
  24. ProducerMike Restivo

    Mike Restivo

    13/04/2016
    Market Crash Due to Credit Crunch Forming Again? by Mike Restivo
    Market Crash Due to Credit Crunch Forming Again? by Mike RestivoThe credit crunch was the main cause of the 2008 crash admittedly. What Now in 2016?Given a local equities bottom on Aug. 24, 2015, a double bottom looms on a brew of influences reminiscent of those that obtained in 2008.  Neither the same, nor...
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    Mike Restivo
    13/04/2016 #2 Mike Restivo
    Macro interest and credit risk/hi-yield bond risks are ever present, witness JP Morgan (-20% YtY) et alia earnings reports of today. The global effects maintain a hold over even from 2008 bailout. Not old at all in this bear market. Perspectives will of course vary necessarily for traders or long term investors.
    Dean Owen
    13/04/2016 #1 Dean Owen
    This is a bit old. It is good, but we have had a pretty wild Q1 since.
  25. Jim Cody

    Jim Cody

    22/03/2016
    /
    Jim Cody
    The World's Biggest Money Manager Says We Are Not Headed for a Recession
    fortune.com It's not the end of a cycle— it's the...
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