I received a phone call this afternoon from someone who found my firm online. The gentlemen has received no guidance regarding his 401k at work. Last July, he had $286,000 in his plan. Today he has $166,000. I asked him what he had been doing lately. He had moved his money in recent months from… [Read More] My 401k: Should I Keep Contributing?
money market funds
It was reported this week that the Treasury Department sold $32 billion in T-bills at a yield of 0%. Yes, that’s NOT a misprint: zero percent yield. These are treasury bills which mature in four weeks. Yields on these kind of investments have dropped from 1.75% this summer to zero in December 2008. Clearly, investors… [Read More] Are you Receiving a 0% Yield For Your Treasury Bills?