Lots of people are buzzing because the Dow is at 13,000. Let me tell you, the return over the past six years from the Dow Jones is less than what you could have earned in a money market account. Don’t get too excited. As I showed you last week, small cap stocks have crushed the… [Read More] ETFs vs Large Cap Foreign Stocks
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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:
Friday was a wild day — market up 130 points. Why? Two reasons. First, Friday was option expiration — which always leads to more volatility. The most volatility occurs during expiration week each month. So, am I saying the market will fall from here? No! But it wouldn’t be a big surprise to see the… [Read More] April Option Expiration Day
You’d think the news that rising corn prices would provide a great opportunity to make money in that commodity. But the move in corn was…not last week…or even last month…but last year! In many instances, by the time a “news story” is reported in your daily newspaper, on the evening news or in a magazine,… [Read More] Why is my Stock Price Falling When it was on the Cover Page?
No wonder many people have lousy opinions of Wall Street folks. Read on: Written in Barron’s March 5, 2007 issue, Bill Alpert noted that nearly 20% of “Analyst Recommendations” over a ten year period from 1993-2002 were changed — after the fact. Twenty Percent! As a result of the changes, the recommendations seemed to be… [Read More] Re-writing History on Wall Street
In my previous message, I talked about how we moved to defense twice in 2004, but it seemed the market didn’t go down either time. If the markets weren’t going down, why get defensive? It’s an example of where the “generals” stay to fight, but the “soldiers” were leaving the battlefield. Sometimes, when the market… [Read More] Am I the Only One With Losing Stocks?
All of the short term AND long-term indicators I follow have now turned negative. All of ’em. Including the S&P 500. What’s that mean? Well, the S&P 500 Index is simply the 500 largest stocks in the US. And, basically, 70% of all money in mutual funds sits in the same 500 stocks. That’s a… [Read More] All Indicators Turn Negative in Down Markets