Personal Finance: Don’t Look at Your 401K – Bloomberg

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If you haven’t checked your 401K all week, stop what you’re doing and pat yourself on the back. You have officially reached the upper echelons of societal intelligence. You’re smarter than me, your neighbor, certainly your neighbor’s dog, and most definitely Mark Gongloff. You see, Mark’s son recently asked him for investing advice (famous last words), and Mark told him to take his $40 and go for the sensible, low-cost index funds that eventually lead to lifelong riches. Ha ha ha. About that! Shortly thereafter his son was in the red by 11%.


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