Stop Tinkering With Your 401(k) to Keep Your Wealth

Keep Your Fingers Off the 401(k)

Retirement accounts functioned differently just a few decades ago. We mailed deposits to our retirement accounts, or banks madedeposits out of our bank accounts and into the brokerage account. To change our asset allocation, we called our stock broker, and he either agreed with us or tried totalk us out of making a bad decision.

Now, thanks to the internet, we can see our 401(k)s with the touch of a button. We can tweak and trade to our heart’s content, and th...