A client asked me to look over his 401(k) portfolio. He was quite disturbed over the losses in his account. He agreed to pay me my hourly rate for one hour just to look it over and give him my thoughts on the matter. I agreed since it was a small amount of money with just a few holdings that I helped him put together years ago. I want to share with you my mental dialogue as I go through his statement. For privacy reasons, I can’t share screenshots so follow me on this journey.
First of all I …Read More