
7 Biggest 401(k) Mistakes To Avoid | Ep 73
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Watch the YouTube version of this episode HERE or read the written version HERE
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Welcome to The Vanilla Podcast, hosted by Ivan from the Vanilla Investor. On this podcast you’ll learn everything investing-related, smart personal finance tactics and achieving financial independence for you and your loved ones! We talk about the ways of investing your money in the stock market, the most optimal debt repayment strategies, and how you can work your way to a millionaire even on a low salary!
Timestamps:
(01:20) 1: Not Contributing Up To Your Company’s Matching Contributions
(02:17) 2: Buying Too Much Company Stock
(03:04) 3: Not Increasing Your Contributions
(04:14) 4: Withdrawing Money When You Change Jobs
(04:45) 5: Not Paying Attention To The Drawbacks
(05:40) 6: Ignoring How Your Investments Are Doing
(06:45) 7: Cashing Out For Big Purchases
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