Kareem Abdul-Jabbar Shares Personal Finance Regrets
The NBA's all-time leading scorer talks about how a shady investment adviser nearly swindled him. Here's how you can avoid a similar fate.
investment advisor
Payments to Wealth Advisers Shows Some Funds Aren't 'Fee-Free'
At least three wealth management firms marketing themselves as objective financial advisers are getting payments for investing their clients' money in certain mutual funds.
Money, We Need to Talk: Investors Demand More Broker Contact
Good communication is key in determining how pleased clients are with their brokers, and there has been a dip in satisfaction. But its not because advisers are communicating less with their clients than they did before the recession. Actually, it's quite the opposite.
Wikinvest's Mike Sha on the Investing Wisdom of Crowds
If the financial collapse taught us anything, it's that opacity and self-serving behavior rule at the big Wall Street firms -- so how can the little guy trust their advice? Wikinvest's Mike Sha explains how crowdsourcing can provide better, less biased investment advice to average investors.
Is It Time to Dump Your Financial Adviser?
Your investment adviser is an important partner in your life -- after all, who knows your intimate financial details better? It's an intensely personal, yet professional, relationship. Here's what to do when you discover that it's not an ideal marriage.
Investors, Here's What Not to Buy: The Pundits' Advice
Investing is a jungle, and most of the so-called experts who get quoted in the media are on the prowl with a simple purpose -- to give you a reason to trade. But they don't know much more than you do, and all their arguments ignore a basic reality: The market is now controlled by short-term traders.
How the Media and Wall Street Create Fake Stock Gurus
The financial media loves to pluck struggling analysts from obscurity and propel them to fame on the backs of a few good calls, then shoot them full of arrows at them when their predictions start to fail. And inevitably, those so-called gurus will fail. Here's why.
Financial Advisers Get More Optimistic About Stocks, Jobs
Independent investment advisers remain fairly bullish in their outlooks for the economy, the job market and stock market performance over the next sixth months, even as their clients have become more pessimistic, a recent survey by discount brokerage Charles Schwab has found.
Tips for Vetting an Investment Adviser
The Bernie Madoff scandal made lots of people wonder if they'd checked out their brokers or financial advisers thoroughly enough. If you haven't gone through those steps yet, here's where to start.
Blogger's Dumb Luck Stock Index Ranks in Top 1%
The index that DailyFinance's Daniel Solin created based on stocks that started with the letters in his last name would have ranked among the top 1% of mutual funds, if it existed. The message: Don't trust investing pros who confuse skill with luck. Index mutual funds are still your best bet.