Dan Solin: The Hidden Message in JP Morgan’s $2-Billion Loss
The real skill of these "wealth managers" lies in their ability to convince you they have an expertise that doesn't exist. This latest debacle is one more example demonstrating that these investment gurus are emperors with no clothes, a significant, little-understood peril to your financial security.
Dan Solin: A Rational Response to Irrational Market Anxiety
Market anxiety is good for everyone except you. The financial media loves and stokes it. Readers and viewers increase in uncertain times. The securities industry thrives on it.
Dan Solin: The Flawed Premise of 95 Percent of 401(k) Plans
I can find no credible data supporting the inclusion of actively managed funds in 401(k) plans or individual portfolios. Yet, these funds dominate the investment options in most plans.
Dan Solin: Families That Cheat Investors Together, Stay Together
Outright theft of your assets has now become a family affair. The SEC recently announced two cases where investors lost millions of dollars to family scammers.
Dan Solin: Families That Cheat Investors Together, Stay Together
Outright theft of your assets has now become a family affair. The SEC recently announced two cases where investors lost millions of dollars to family scammers.
Dan Solin: The 401(k) Rip-off May Be Ending
It has long been my view that 401(k) plans are a national disgrace. They are rife with conflicts of interest between those who "advise" them and the participants who contribute to them.
Dan Solin: Comparisons to Other Mutual Funds Can Be Misleading
Since 100 percent of its retirement funds beat their 5-year Lipper average, investors could believe that T. Rowe Price has consistently "beat the market". Is this accurate? Not if you understand how the use of benchmarks can be misleading.
Dan Solin: Comparisons to Other Mutual Funds Can Be Misleading
Since 100 percent of its retirement funds beat their 5-year Lipper average, investors could believe that T. Rowe Price has consistently "beat the market". Is this accurate? Not if you understand how the use of benchmarks can be misleading.
Dan Solin: You Can Learn From a Quiet Trading Floor
If your image of a trading floor was formed by watching commodities traders huddled together and screaming prices, you would be disappointed by this experience.
Dan Solin: You Can Learn From a Quiet Trading Floor
If your image of a trading floor was formed by watching commodities traders huddled together and screaming prices, you would be disappointed by this experience.
Dan Solin: Judge Slams FINRA Arbitration
In the interim, attorneys like Ms. Evans should ask themselves whether their stunning success is attributable to their legal skill or the lack of impartiality of FINRA arbitration panels.
Dan Solin: An Investor Protection Plan
Every investor should be concerned with the risk of their portfolio. Yet, in my experience, few are. Whenever I use the words "standard deviation," which is a measure of risk, I can see a glazed look come over my prospective client.
