Exxon Mobil has made a bold move in its new 401k savings plan for employees. The company has announced that it will jettison all actively managed mutual fund choices next year in favor of a roster of indexed mutual funds. The company’s public announcement of the change, along with communications to employees, echoes the findings of academic studies that show […]
Month: October 2002
Client Letter – Q3 2002
The 2000-2002 bear market, which has lasted over two years, has scared many investors. The market’s steep declines are scary, but a long-term view can ease some of your anxiety. There is no question that the market can be very risky in the short run. That is why you should never invest money in the stock market that has a […]
