David Stein on investment returns
From Don’t Leave Free Money on the Table — J. David Stein’s 401(k) Match Strategy · · GOBankingRates
“Automating contributions to at least capture the full match locks in an immediate 100% return. Where else are you getting that kind of guaranteed ROI? Nowhere.”
On , David Stein, Executive Vice President, Head of Consumer & Business Banking and Madison Market President at ASSOCIATED BANC-CORP, spoke about investment returns during Don’t Leave Free Money on the Table — J. David Stein’s 401(k) Match Strategy on GOBankingRates.
About David Stein
David Stein, Executive Vice President and Head of Consumer & Business Banking at Associated Banc-Corp, has appeared in financial media discussing retirement savings and investment strategy. In a video on 401(k) match strategies, Stein advised employees to contribute enough to capture their employer's full match, describing it as "free money with a 100% guaranteed return." He recommended knowing the company's match threshold, adjusting budgets if necessary, and automating contributions, noting that pre-tax payroll deductions help savers adjust without feeling the pinch. In a podcast interview on navigating market cycles, Stein discussed how human emotions such as fear, greed, and exuberance drive economic and financial cycles. He described the credit cycle as the willingness of households and businesses to borrow, and noted that banks were tightening lending standards. Stein also discussed evaluating asset manager track records, emphasizing the importance of understanding the factors driving performance and looking for humility in managers when they discuss past mistakes.