Realtors, Financial Advisers, and Fiduciary Duty

Transparent Compensation vs . . . Not “An astounding 75 percent of consumers believe, incorrectly, that all financial advisers already have to act in their best interest.” –“Is Your Financial Adviser Making Money Off Your Bad Investments?”; The NYT (Sept. 29, 2015). Want one more reason why millions of Mom-and-Pop investors are opting for low-cost index...
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The Investor Case for Following the Crowd

Safety in Numbers? If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem. –John Paul Getty If a small investor gets ripped off by Wall Street, they’re SOL.  But if a whole lot of investors get ripped off by Wall Street, there’s at least the...
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