Can you afford to waste an extra $10,000 in unnecessary investment fees? Or how about $25,000 or $50,000 or perhaps even $100,000 in extra fees?
Over their investing lifetime, many Americans unwittingly end up paying tens of thousands of dollars or more in extra fees by investing in overpriced mutual funds.
In days of yore, navigational maps were often illustrated with dragons and sea monsters, indicating that danger was afoot on the high seas. The imagery may have been mythical, but the risks were real enough, especially for travelers who failed to equip themselves for the journey. To this day, risk and reward remain tightly connected for those venturing into our global markets.
In the mid-1800s, in a collection of essays entitled “Conduct of Life,” Ralph Waldo Emersonobserved, “Money often costs too much.” More than 150 years later, his words remain well worth heeding, as we focus on one of the most effective ways to enhance your wealth: aggressively eliminating unnecessary investment costs.
If you plan to buy a house this year, you should know about the new federal mortgage rules that have made it more difficult to overborrow.
The new regulations, which will impact both home buyers and lenders, are intended to prevent the type of housing meltdown that fueled the nation’s descent into recession several years ago.
hedge funds soliciting customers through junk mail, cold calls, billboard displays and magazine ads. And who knows, maybe during Super Bowl commercials.>
Americans searching for reputable financial professionals should always check to see if an advisor has black marks on their public records.
Investors who want to do their due diligence on a stockbroker, however, could find nothing amiss even if the broker has been the subject of many claims. That’s because brokers who have encountered claims are routinely getting their cases expunged from the public records.
Could the federal government inadvertently be encouraging a new generation of scam artists?
This is the time of year when investors need to brace themselves as Wall Street pundits pelt them with their New Year’s predictions.
Every year the prognosticators eagerly dispense advice. Buy stocks or avoid stocks. Pile into bonds or ditch fixed income. Sit on the sidelines or jump in N-O-W with spare cash.
Every year Forbes magazine sends scores of reporters and researchers scurrying around the globe to compile its list of the world’s billionaires.
In its 2013 list, the exclusive club welcomed another 210 billionaires, which brought its ranks to a record 1,426. The world’s billionaires enjoy a combined net worth of $5.4 trillion, which is also a record.
Dowling & Yahnke congratulates Eugene Fama, a distinguished professor at the University of Chicago, for co-winning the Nobel Prize in Economics this month.
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