The term proven commodity is deadon accurate when it comes to investments: Time after time, commodities have proved resilient in downturns. For instance, natural resources funds stayed in the black while the S&P 500 lost more than 10 percent...
A protracted legal action against Merrill Lynch may finally be seeing the end or at least the beginning of its end in the next few months. Arbitration hearings stemming from the large class-action lawsuit filed against Merrill in 1998 for gender...
It's time to come out of the cave. The horrendous market conditions of the last three years put many a client and financial advisor on the defensive. Financial plans over the last three years typically focused as much on avoiding disaster as they...
Merrill Lynch continues its corporate reshuffling. Brad Olson, formerly senior vice president of strategy and finance for Smith Barney, has joined the firm as chief financial officer of Merrill's private client group. He replaces Jeff Gelfand, who...
“The stock went up, but my call didn’t!” “My call doubled when the stock rose only $2!” Some of the most commonly expressed frustrations with options are about how option prices change. This article will explain some...
Consumer Reports recently released a study that concluded, for most people, long-term-care insurance is too risky and too expensive. True as this may be, many people still find the idea of life without this safety net far more frightening than its...
The House has overwhelmingly approved a bill aimed at curbing mutual fund market timing and other investor-harming abuses. (The legislation would ban short-term trading by mutual fund insiders, ratchet up reporting requirements surrounding so...
Linsco/Private Ledger (LPL Financial Services), an stalwart independent broker-dealer, has been advised by the National Association of Securities Dealers and the Securities and Exchange Commission that enforcement actions are pending as a...
