investment advice

Tips for Vetting an Investment Adviser

The Bernard Madoff scandal made a lot of people wonder if they'd checked out their brokers or advisers thoroughly enough. If you haven't gone through the steps to vet the person who's holding your hand when it comes to your investments, here's where to start.

Going to Cash May Be Riskier Than You Think

When stocks have quickly dropped 10% this month, going to cash may seem safe for nervous investors. But it also takes away the potential for riding a recovery, hence reducing the chances of your portfolio growing enough to reach your goals.

Six Tests Your Financial Planner Should Pass

A new study finds that too many financial planners tell their clients what the clients want to hear, rather than providing objective advice with no financial conflict of interest. Here's how to make sure you don't wind up with a "yes man" as an adviser.