In our March issue month we’re pleased to feature a piece by Joshua Brown, a financial advisor, a blogger (TheReformedBroker.com) and, well, industry gadfly. We adapted a chapter about financial products to avoid. The excerpt comes from a chapter...
Our sister publication (and website) --- Trusts & Estates --- blasted its twice monthly Wealth Watch newsletter today. I share it with you because, well, the headline grabbed me and this never occured to me: "Sometimes, objectives can be...
John Bogle recently said that ETFs are going to prove to be a bad thing for investors. Well, investors love them, according to the ICI, and the number of them continues to grow. So much so, that consultants are opening businesses focusing on ETFs...
Alrighty, equities are back, touching numbers not seen since, their 2008 highs. Small caps (Russell 2000 up by, as the WSJ aptly put it, an "eye--popping" 36% since October) are on a run and no one cares. Midcaps are tearing it up, followed by the...
Aren't you glad to be a retail financial advisor who eats what he kills? Bankers are not so lucky (more layoffs to come). My inbox is full of bad news --- oh, and some positive news. Let's see, the New York Post, which covers parochial issues ...
Brad Hintz, of Bernstein Research, says Ameritrade and Schwab will need a while before their businesses really get cranking: "As we have stated in our launch piece on the industry, the upturn in the capital markets cycle begins with increased...
Yesterday, I posted a story about the American Association of Individual Investors' (AAII) market sentiment indicator turned bullish. And when that happens, it often is a contrarian signal, meaning the market may take a dive. I noted that when the...
Last week I attended the TD Ameritrade Institutional Annual Conference and was treated to a rousing, animated lecture by Prof. Jeremy Siegel of Wharton and WisdomTree ETF family. Boy, was he bullish. It was if it were a pep rally for stocks...
