Retirement Investment Digest

“Ninety percent of participants stick with where you place them”

The U.S. Labor Department last week issued final rules designed to get more employees participating and investing more aggressively in their 401 plans. via San Francisco Chronicle

Miami-Dade County’s mayor said they don’t exist, but records show they do: bonuses, paid over the past five years to hundreds of county employees — including a few who were later fired or pressured to resign … via The Miami Herald

“It has a much better franchise than either E-Trade or TD Ameritrade, having been fully committed to this strategy for two or three years.”

In the discount brokerage business, the top companies are quickly becoming something other than discount brokers, and investors are applauding. via MarketWatch

Auto Sales Dick Hannah Toyota WE’RE ON FIRE! A REAL HOME! 2 POSITIONS OPEN Business is booming at Dick Hannah Toyota. via Daily News

Some disturbing news about 401(k) accounts getting looted. Imagine this: You are about to retire in few months. You and your wife have made plans for some dream vacations that you always wanted to take. Then one fine morning you wake up and check your 401(k) account balance and discover it to be zero, nil, zilch!

Channel: Money Tags: retirement investing planning personal finance 401k

If you thought the market was scary from 2000 to 2002, beware! It barely made the list of the 10 worst market crashes ever. For more scary stuff,…

“Don’t have everything in value, own some growth and value. Don’t have half of your 401K in small cap or international stocks. Have your money spread out between small, mid and large type companies, international.”

Investors may be spinning their wheels when it comes to IRAs and 401Ks. Your money can be in different mutual funds that invest in similar companies. via WDRB-TV Louisville

Want more investment options? With these, you decide where your money goes.

Think you can handle the roller coaster we call the stock market? Take the investment risk-tolerance quiz to better understand how strong your investing gut really is.

(Photo: Daniel Berehulak/Getty Images)…

“How can I use proceeds in my 401k now without paying a penalty? I want to pay off some debts.”

Talk Back: Post a comment on this article JACKSONVILLE, FL — Local money manager Ronnie Belton answers your financial questions. via WJXX