Search This Blog

Search Tool

Asian Markets at Close Report

European Markets at Close Report

Mar 14, 2018

CNBC | Your Wealth: March 14, 2018.

Straight talk from the money editor

Target date funds, offered in many 401(k) plans, are designed to simplify the process of choosing and managing your retirement investments. To be sure, they are a solid choice to get professional money management at a low cost. However, some advisors I spoke with cautioned that target date funds may cause a false sense of security for investors. People may pay less attention to their portfolio because they think everything is being taken care of for them.
This "set it and forget it" mentality is never a good tactic. Instead, money experts urge investors to keep a regular eye on their target date funds. It may seem obvious, but that means reviewing your portfolio and accounts from time to time to make sure things are performing properly and that the allocation stays on your preferred target.
For more stuff like this, please follow me on Twitter @jimpavia

Jim Pavia
Money Editor

Top News

Watch your risk if you're in this popular 401(k) fund
Did your target-date fund take a beating amid last month's market rout? The last thing you should do is just "set it and forget it."

Here's when to claim Social Security early
It usually doesn't pay to claim Social Security retirement benefits early. Chances are, you want to wait as long as you can up until age 70.

Watch out for red flags that can trigger an IRS tax audit
While less than 1 percent of individual taxpayers are audited, there are aspects of your tax return that cause scrutiny from the IRS.

Tax rates by state
As the tax deadline approaches, where you live can have a big impact on what you'll pay. Here's a look at state and local tax rates across the country.

For scammers, Instragram is a wealth of personal data
With virtually everyone's credit information now at risk, being overly active on social media can give identity thieves all the missing details they need.

Think markets are moody? How about investors?
Financial professionals generally take market swings in stride, so how can their clients protect themselves from their own emotional reactions?

High-state tax residents: Should you stay put or move?
I have seen clients leave California for tax-related reasons but it's important to note leaving comes with unforeseen kickbacks.

It’s key to get ahead of the 2018 tax season: Advisors
Members of the CNBC Digital Financial Advisor Council weigh in on the strategies they recommend to clients based on changes to U.S. tax law.

Many people are taking work stress to bed with them
A lack of sleep leads to work-life balance issues as well as productivity problems. Here's how overcome that when work is on your mind.

What really fueled the bull
"Both earnings and revenue growth have kept pace with the astonishing post-crisis bull market that is today celebrating nine years since the bottom."