Investing: Is a 401(k) a good source of financial security?

Summary Notes:

The subjective answer from Phillip's point of view is that 401(k)s are way too limiting and don't provide the ability to invest in the new (and in his opinion better options) coming available everyday with the new world being built.  They are great for getting free money from a matching 401(k) and a good forced savings plan, but from an investment option standpoint, Phillip is not enthusiastic.  

The principled answer is financial security flows from the inside out.  Each person expresses it differently in the form it takes.  For some it may be stocks and for others it may be crypto or real estate.  The key is to not see the expression as the source of security.  Financial security is a feeling.  From that feeling we can connect with intuition which will guide us to which investment options are the right investment options for us.  

Join the Wealth Building Made Simple Newsletter: https://www.wealthbuildingmadesimple.us

Powered by Stone Hill Wealth Management

https://stonehillwealthmanagement.com/

Phillip Washington, Jr. is a registered investment adviser.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.