Monday Money Madness ! Check Your A$$etts

The first installment of Monday Money Madness is about checking the value of your 401 K. With all the jokes about 401 K being 301 K , we probably need to check more often. Financial Analyst Phillip Lowe told me that that investors should be smart and be more discerning .

Lowe states in his recent message :
My friend, it's not just how often you look but what you look at... Most lay people look at their investment on the basis of how they've done or how they're doing. In each case, they're using their rear view mirror only. A professional... worth their salt looks predominately out the front window to see how the portfolio will do based on what he sees coming in light of how it's currently positioned and how it performed in the past. There is a distinct difference... :-)

That being said, watch your money in your 401 K just like you watch your gas hand. See you next week , and hopefully we will both have more money in our pockets !