Take a look at your 401(k) plan investment options. They are most likely predominately actively managed funds, with management fees of 1 percent or higher. Ask your adviser to justify including these funds in the plan. Don't accept the glib, patronizing response you are likely to get.
Your police and firefighters put their lives on the line for the protection of the citizens of Atlanta. At the very least, you could educate yourself on basic principles of investing and enable them to retire with dignity.
Many investors subscribe to this theory, but don't know they are engaging in it. In an ironic twist, they become the "greater fool," and are left holding the bag when the investment falls and they either can't find a buyer or they have to sell at a loss.
Consider your age, your risk tolerance and your income needs. Then decide on the investments that are best suited for you. A well planned allocation strategy may allow you to achieve even the most optimistic retirement dreams.
European leaders still need to do a lot more, and quickly, if they are to catch up and get ahead of the crisis. Accordingly, and regrettably, the specter of volatility caused by European headlines will not recede for long.