The financial media was in a frenzy with news of Snapchat’s initial public offering. The stock soared 45 percent in short order. Who wouldn’t want a piece of those gains?
Dan Solin's Investor Insights Newsletter
Dan Solin's weekly newsletter for investors. Learn how to invest wisely. Not a subscriber? Sign up for Investor Insights!
The next time your broker recommends an actively managed mutual fund, show him or her these studies and ask this question: What makes you believe you have greater expertise than these sophisticated pension and endowment plans?
The road to reaching your retirement goals is paved with low management fee index funds.
It seems clear that the Trump administration is hell bent on gutting protection for investors and letting Wall Street have free reign. This doesn’t mean it’s inevitable you’ll become a victim. It’s actually quite simple to protect yourself from an industry known for questionable ethics, illegal conduct, and unbridled greed.
Non-traded REITs are illiquid real estate investments registered with the Securities and Exchange Commission, which permits them to be sold to unsophisticated investors.
A non-transparent exchange-traded fund is an ETF that only reveals its holdings quarterly. Avoid them.