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This is the right place for information and direction
As a subscriber to Active401k, you'll find the site offers a lot of great information and resources to help you plan for the future and manage your savings. Keep an eye out for additional educational resources we have planned for you.
On the air Tune in to the Craig Wear Show on News Talk 1070 AM KNTH on Saturdays from 9am-10am, or click here for archived programs.
Each week you’ll hear investment tips and perspective on market conditions.
Streaming live: www.CraigWear.com
OR
iPhone App for 1070KNTH at the App Store on your phone.
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Welcome back! A note from Craig
Be sure to subscribe to the blog posts. If you've not completed any formal retirement planning, we'd like to offer that to you at no cost or obligation.
IMPORTANT NOTE: Please read carefully.
Many 401k participants are limited in the number of transactions they can make during the year. Please familiarize yourself with these and take those into account as you choose to act on our recommendations. It is our goal to understand the details of each plan, but it is impossible to keep up to date on all of our clients' 401k plan specifics.
SUMMARY OF RECOMMENDATIONS:
Although we still have not gotten as much of a short term pullback in stock prices as many analysts expect, our intermediate term time frame appears to be positive. Because we did have a brief 2.5% pull back, we are going to establish a few positions now, then add to them in the near term if a bigger correction occurs. This indicates that there is still the possibility of a shallow short term correction.
We continue to monitor for the possibility of a much larger correction - which does not seem to be on the radar at this time. However, since the markets have not done anything they are 'supposed' to do lately, we'll continue to watch.
It is likely that we may see the highs of the year occur again in May. This would be the fourth year in a row that this phenomenon has occurred. Please call if we can be of any further assistance in this issue.
Keep up-to-date
The investment models we use do not attempt to time the short-term ups and downs of the stock markets. However, when we issue recommendations that it is time to move - well, 'it's time to move''! If you delay making the change in your account by a few days it could very well have a significant impact on the value of your account over the course of time.
For timely tips, education and portfolio comments, be sure to keep up with us on our blog and social media by clicking on the icons at the top of this page.
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