The hardest part of investing can sometimes be getting out of your own way. Too often, we let emotions guide our investing strategies, with disastrous results. A new study reveals the most common mistakes: We've summed up the popular pitfalls so you can avoid them.
Thanks to their lower fees, most ETFs do better for investors than similar mutual funds, and investors have noticed: They poured $154 billion into ETFs in 2012, while yanking more than $119 billion out of stock mutual funds. Just one problem: Most of that money went into the wrong kind of ETFs.
The election may have put economic issues like the fiscal cliff in the spotlight, but there are still plenty of consumer-level financial pain points that need fixing. Here are 10 of the most common consumer money problems.
Historically, the asset management industry has been merely an easy way for money managers to get rich at your expense. Even today, 401(k) fees alone rob us of $60 billion a year. But investors have caught on and are demanding lower fees -- and lately, they've started getting them.
Saving for retirement using your company's 401(k) plan has perks that make most advisers recommend it unconditionally. But your 401(k) plan may be ripping you off in ways you don't even recognize.
Could you be keeping more of the money that your portfolio is producing? DailyFinance spoke with two top professional investment managers and came up with eight tax strategies to help you maximize your after-tax returns.
Does your 401(k) plan provide investment advice? Probably not. Is the plan adviser a "real" fiduciary? Doubtful. Find out what the investment industry would probably prefer you didn't know about your 401(k) plan.
Fidelity Investments says 401(k) loan and hardship withdrawals are rising. But instead of offering costly, actively managed funds, Fidelity could take the lead in reforming a system that primarily benefits mutual fund families and plan advisers.
The Labor Department's new regulations don't address the core problems of this broken system. Disclosing revenue-sharing payments for retirement-plan mutual funds isn't nearly enough. Those fees are laden with conflicts of interest, and should be prohibited altogether.
