Employer-provided benefits are a great way for employees to maximize their compensation. Some basic benefits that employers provide are paid time off, 401(k) match, and health insurance. Some benefits are paid by the employer or are eligible to employees at lower prices than if they went out into the public market to purchase.
Since March, our country has been through one of the most stressful times in modern history. As a society and as individuals, we have done an admirable job of demonstrating fortitude, resilience, generosity, and resourcefulness. However, the chronic stress of 2020 has left its mark on most of us.
Our final installment of Know What You Own is a perfect illustration that you cannot make assumptions based on the title of a fund.
You can’t find a less expense or more simplistic equity fund than an S&P 500 index fund. The two tickers above, SPY & VOO do just that: Mimic the S&P 500 index.
When did you go for your last checkup with your doctor? Do you schedule an annual checkup every year? Every two years? Ever?
Your financial health is much like your physical health. So, let’s compare the two.
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