New disclosure regs may save investors billions
Longtime readers of my columns know that I am not a fan of government regulation. Nevertheless, there are times it is needed to protect consumers. This column is about new regulations that have the potential to save investors billions of dollars in costs. Internal fees in mutual funds Some months ago, I wrote a column […]
“Set it and forget it” a terrible portfolio philosophy
“Set it and forget it” a terrible portfolio philosophy Robert Barone, Ph.D. 2:53 p.m. PDT April 30, 2015 Neither passive investment strategies nor robo-advisors can maximize profits as well as active management Today’s Wall Street is perpetuating the idea that investor portfolios cannot perform better than the market indexes. The markets are “efficient,” they say, […]
Do you know the real fees on your investment account?
The financial and investment industry carries with it a well-deserved aura of corruption and greed. The SEC constantly investigates questionable Wall Street practices. While a major contributor to the financial crisis and the recession and its aftermath, it seems the New York financial industry never missed a beat in collecting outsized bonuses, to say nothing […]