Spare Your Savings

" New reports out today. You'll -- could be changing your 401K investments without telling you what should you do to protect your savings let's ask Dave. Dave joins me so I will casting from his hit the radio show he's also the star of the Fox Business network's powerful primetime lineup. But other ratings than me but welcomed day -- what. What do got to say about your employer changing your for a long day without you knowing it."

" Well thanks -- it's good to see it. The they have that right now under a law since way back in 2006. And it's kind of a default provision. If the employee doesn't select some options and employers steps and selects them for them they didn't get the right to throw you into the 401K without asking you. And those kinds of things in the way you combat this is pretty simple they're going to notify you so read your mail if you get something in your mailbox at work -- you get something at home. About 401K or from the 401K company that your company uses it and read it. And look at it and then you can dictate your options that's it it's kind of a thing just keep people for not doing any thing more from doing something really poorly. And but we've not seen much of it actually happen in the marketplace it's just more regulatory than allow them to do that."

" You've got to go met that day is drudgery is it not reading now -- print Regan that mail you don't wanna do it right the root canal with food consists. With no painkillers up if you got that right. -- okay that this that this -- is out today. But we're still answering your questions. Don't forget to log on to foxnews.com. Slash fuel world to submit you'll videos and is this week's."

" Hi Neal Dave bloom as live from New Jersey. My question of the day is do you expect me a large market correction. That's my major concern as an investor. What you -- large market correction yes although. Well when we talk about corrections usually we talk about the market going down but a correction actually implies that something's wrong and I'm expecting a correction. Because I think the market is artificially low still. And and the reason is simply this the mathematics are still are working on some of these stocks so these companies are worth more than the market is indicating there's still enough fear of recession and fear of future doom and gloom that's holding the market -- we're still under black -- we've seen a lot of returns since March the ninth at the bottom. But I think we're gonna see a good fourth quarter I'm still optimistic -- may -- on the -- for two years yeah. But I'm still saying it oh well good for you Dave -- I was not expecting that I really was not but hey we'll take it right Dave Ramsey's. Good stuff. Thanks and I just."