Being A Homebody With Your 401(k): A Bad Idea?

2016-08-07 10_43_32-Morguefile.com free stock photos“Among investors, familiarity…breeds comfort. And that can be dangerous,” states today’s article which cautions against allowing the company you work for to build up a concentrated position in your 401(k). Why does the author view this as “piling risk upon risk”, what cautionary examples – such as that of Kinder Morgan – does he point to as making his case, and what does he suggest you might want to consider doing if your company offers a discount stock-purchase plan for employees? CLICK HERE to read more.