The securities industry has done a great job persuading you investing is too complicated for you to manage on your own. For many investors, this is simply not true. You may be able to satisfy all your investing needs by buying just one fund.
I’ve had the saddest experiences dealing with widows lately. Their husbands died unexpectedly.
It’s one thing to compete with small, independent robo-advisors who offer only online investment advice. It’s quite another to compete with an 800 pound gorilla.
The harm caused to investors who buy actively managed funds in the elusive quest for alpha is staggering.
Individual investors find low-priced stocks attractive. They believe these stocks have more upside potential.
It makes perfect sense that the securities industry wants you to trade. Trading means commissions and commissions are the lifeblood of brokerage firms.