If that headline shocks you, you’re not alone. I read this statistic in a recent Wall Street Journal article today and was pretty surprised. The author also shared some reasons people aren’t investing: “21% said they weren’t investing because they don’t understand the market…53% of people who aren’t in the market now said they weren’t… [Read More] 52% of Americans are Not Investing
This category page is designed to keep our readers up to date on what we are reading from others in the investment industry.
I read a post today on the CFA Institute’s website written by William C.G. Ortel. William asks the question, “Have you made a profit on your life?”. I think this is an interesting way to think about spending and saving habits. We all allow ourselves to get so consumed by things like earnings announcements, the… [Read More] Would You Be a Profitable Company?
Tom and I have used a doctor-advisor analogy before to explain the confusing topic of dual-registration. We wondered how people would feel if they went to their doctor and were prescribed medication, only to find out afterwards that their doctor was also employed as a pharmaceutical sales rep who received a commission for selling said medication.… [Read More] Advisors Should Be More Like Doctors
We frequently blog here about what a fiduciary is and why that’s crucial information for investors to understand. So far in 2015, this is a topic that’s also received substantial media attention. Whether it’s been President Obama or SEC Chairwoman Mary Jo White, the fiduciary standard has probably received more attention this year than in… [Read More] A Different Take on the Uniform Fiduciary Standard Discussion
David Henry of Reuters, recently published an article on Business Insider digging into some potentially troubling activity from banks around the country. Banks like J.P. Morgan and Citigroup are on the verge of receiving backing from the Federal Reserve to buy back shares of its stock and increase dividends. Sounds like a good thing, right?… [Read More] Reminder of Zombie Banks, Enron and Bear
A recent chart from Deutsche Bank’s Torsten Sløk shared on Business Insider shares a scary reality: 47% of US households don’t save any part of their current income. Of course, as Anthony Isola put it on Twitter, “Making lemonade out of lemons, 53% save something!”. Some people truly don’t have the means to save any… [Read More] 47% of Americans Save Nothing