The big reason why the stock market fell apart this summer was because the financial stocks — the brokerage firms in particular — really struggled. We’re just learning these firms held a LOT of mortgage loans in their portfolio. And there’s really no accurate way to value these assets. There have been reports where these… [Read More] How Wall Street Brokers Effect the Stock Market
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Here we cover working with an investment advisor, how to find an investment adviser, what kind of questions to ask an investment adviser or financial advisor. We also cover topics like knowing the differences between stockbrokers (also known as financial consultants, financial advisers) and investment advisers -- differences most individual investors may not know.
We also cover areas like fee-only advisors versus fee-based advisors, and fee-only advisors versus advisers working on commission. We don't trash any business model as wrong, but it's important you know how your adviser gets paid.
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Here are some of our most recent articles:
Let’s talk about “inside information” and the stock market. At some point we have to come to this realization: we’re never going to have complete information — EVER — when it comes to a particular stock or investment. There will always — I repeat, always — be someone around who has more (better) information than… [Read More] We Have Inside Information?
In my previous column, I mentioned that getting your investment ideas from financial channels and the business section of newspapers and magazines is really a painful path to follow in the money game. There’s a great example occurring right now. Check out the front cover of most financial magazines, business newspapers — and even the… [Read More] Waiting For the Financial News Can Really Cost You
Do you get your news — your investment ideas — from the news? The media — meaning, newspapers and magazines and financial channels all report what HAS happened. And then they try to — painfully — predict what WILL happen in the future. Look, the “predicting” business is a really bad business to be in.… [Read More] Stock Market Predictions : A Risky Business To Be In
Indicators turn positive. Here’s the deal: if you’re aggressive, it’s time to start dipping a toe back in the water. Often, what starts out as a short term thing turns into a long term event (kind of like moving from dating to marriage, right?). But beware, we may have to un-do everything — in short… [Read More] Stock Market Whipsaw
I’m not an economist (thank goodness!), but it’s just my opinion that episodes like what happened in 1998 (and even in 2001 and in 2002) — when the Fed stepped in and changed interest rates — were more situations of market “liquidity” issues. What’s happening now seems to be more an issue of “solvency” —… [Read More] Investing Money: The Indicators Will Decide