Posted in Ethics & Compliance Recent Posts Your 401(k)

Risk vs. Reward in your 401k

Investing often involves taking risks… risk a loss to make a profit. An axiom of a successful investor is that you can make money and transfer the risk. This would be considered a pure form of profiting without risk. When you opened your 401k savings plan, you understood the risks….

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Posted in Ethics & Compliance Pooled Separate Account Recent Posts Regulations Your 401(k)

Principal welcomes China as Partner

Lets look at the facts… Principal has enjoyed a cozy relationship with “less than stellar” foreign governments for years. So hanging out with the Chinese should come as no surprise. Now Principal welcomes China as a partner in crime, but I have never figured out why the close relationship the…

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Posted in Recent Posts Your 401(k)

Principal and China… a failing diplomacy?

Principal and China… a failing diplomacy… recently China released a spy balloon over the United States to obtain surveillance data by breaching US air space. These actions added to a growing concern that China has been purchasing millions of acres of farm land throughout Western US and can potentially take…

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Posted in Recent Posts Regulations Your 401(k)

401k Savings Slashed in 2022!

The future may be bleak for 401k savers. 401k Specialist headlined that 401k Savings Slashed in 2022! The article reported recently that over 80% of Americans halted or withdrew from retirement savings in 2022. That is a huge problem at a time when our future economy looks bleak anyway. For…

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Posted in Ethics & Compliance Recent Posts Regulations Your 401(k)

SEC tells Wells Fargo to stop cheating 401k investors

When you read published accounts of SEC causes of actions against companies like Wells Fargo Bank, you should assume they are guilty of those infractions, even though they may not be required to admit to their so-called “misconduct.” While reporting on these actions, the SEC will often “soft sell” the…

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Posted in Pooled Separate Account Recent Posts Your 401(k)

Selling Short Your 401K Plan

Selling Short Your 401K Plan… I have been publishing this website for almost 12 years, focused on the crimes of one insurance company, the Principal Group of Companies. I make accusations that are real, not contrived speculations of a disgruntled employee. I have never worked for Principal, but after 12…

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Posted in Recent Posts Regulations

Is Principal Financial a 401k Plan Fiduciary?

Is Principal Financial a 401k Fiduciary? This question begs an answer… and we may finally have the truth, thanks to the Eighth Circuit Court in St. Louis that reversed a ruling by Southern District Court Judge Jarvey in Des Moines, Iowa. Jarvey has been an advocate of finding reasons why…

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Posted in Recent Posts Your 401(k)

The $80 Trillion Hidden Debt

This week, the evening news “overlooked” a significant news story… the Bank of International Settlements (BIS), considered by many as the “central bank to the world’s central banks, reported that “Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt…” The hidden…

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Posted in Ethics & Compliance Recent Posts

ESG 401k Investing… A Breeding Ground for Corruption?

A lot of information has been focused on ESG investing and State pension plans in recent weeks, and the Department of Labor’s recent decision to continue the use of ESG’s in 401k plans, albeit under closer scrutiny. For readers that are not familiar with ESG investing, the acronym stands for…

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Posted in Recent Posts Regulations

What if your 401k plan is frozen tomorrow?

This possibility is a scary thought. As a saver and an investor, you want to own control of your future… you want, and have earned, the guarantee from your Plan Provider that the investment options he has provided you are safe and will earn enough money to adequately provide for…

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