Tag: Fidelity
The Pros and Cons of Automated Investment Services

The Pros and Cons of Automated Investment Services

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Are you overwhelmed by investment management ads promising to handle your money easily? What’s the deal, and are they worth it?

Dennis O’Keefe dives into the world of automated investment management and the critical differences between computer and personal touch in retirement planning. With over 30 years of financial planning experience, Dennis shares invaluable insights into automated investment services, how they work, the pros and cons, and whether they truly offer the expertise and personalization you need.

If you’re questioning whether a target date fund is the best choice for your long-term financial goals, this episode is for you! Tune in for a better understanding of how these funds operate and whether they align with your financial future.

Highlights include:

  • The ins and outs of investment management services
  • The potential pitfalls of relying solely on automation
  • Why personalized advice and relationships matter 
  • Personal tales that underscore the value of a tailored approach
  • And more

Connect with Dennis O’Keefe: 

All content presented is for educational purposes only and should not be construed as an endorsement of any third party, or as a solicitation or offer to sell securities or provide investment, tax, legal, or consulting services, and should not be acted upon without obtaining specific advice from a qualified professional. 

We believe the information presented to be reliable but is not guaranteed as to its accuracy or completeness. All examples are hypothetical and for illustrative purposes only. Any opinions or statements by third parties are their own and may not be representative of the experience of others or indicative of future investment performance or success. No compensation has been exchanged for any testimonials, endorsements, and/or recognitions.
Are You Watching Your 401(k) Enough?

Are You Watching Your 401(k) Enough?

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

How can you effectively oversee your retirement savings with minimal effort? 

What strategies can you employ to ensure your investments align with your retirement goals?

In this episode, Dennis O’Keefe shares his insights on simplifying the management of your 401(k). He provides practical tips for understanding your investment options, the importance of asset allocation, and how to adjust your portfolio over time. Dennis also debunks common misconceptions about target retirement funds and emphasizes the need for a personalized investment strategy.

Dennis discusses: 

  • 401(k) Oversight: The common tendency to neglect regular 401(k) reviews and the importance of spending a few minutes annually to ensure satisfaction and direction
  • Investment Choices: The expansion of 401(k) options over the years, from limited choices to a wide array of funds, and the impact of ERISA regulations
  • Target Retirement Funds: The pitfalls of target retirement funds and the lack of personalized management they offer
  • Asset Allocation: The concept of asset allocation, its role in diversifying investments, and the strategy of adjusting your portfolio based on market performance
  • Contribution Strategies: The idea of dollar cost averaging and the benefits of adjusting contribution aggressiveness based on proximity to retirement
  • And more!

Connect with Dennis O’Keefe: 

 

All content presented is for educational purposes only and should not be construed as an endorsement of any third party, or as a solicitation or offer to sell securities or provide investment, tax, legal, or consulting services, and should not be acted upon without obtaining specific advice from a qualified professional. 

We believe the information presented to be reliable but is not guaranteed as to its accuracy or completeness. All examples are hypothetical and for illustrative purposes only. Any opinions or statements by third parties are their own and may not be representative of the experience of others or indicative of future investment performance or success. No compensation has been exchanged for any testimonials, endorsements, and/or recognitions.