I want to tell you about two people who experienced the exact same market drop and had completely different outcomes. The first person — we’ll call him Alan — was 41 when the market declined sharply. His 401(k) dropped significantly over several months. It was unsettling to watch. But Alan kept contributing every paycheck, kept his investment mix steady, and 18 months later, the market recovered and his balance was higher than before the drop...
Folks, I hear the word ‘conservative’ thrown around constantly in the financial planning world — and I want to be direct with you today: it doesn’t mean the same thing to everyone. We’ve had people come into our Greenville office who told us their previous advisor had them in a ‘conservative’ portfolio, and when we…
