Why working with a Stock Broker still sucks

In todays WSJ there was an article about how a Wall Street’s firm top producing brokers were being treated to an all expense paid junket to Maui. On arrival they were treated to “pillow gifts” such as Maui Jim sunglasses and GoPro cameras. These members of “The Chairman’s Club” are being rewarded for grossing the…

Why young people MUST invest in stocks

There are many studies showing that young people classified in the millennial generation are making two major mistakes with their money. First, they are not saving and investing at all. Second, when they do invest, they are way too conservative. It is understandable for a recent graduates not to invest if they are saddled with…

Why not just fire everybody?

Yesterday, the market to be kind was “weak.” Microsoft saw its stock rally. The reason was it announced plans to fire 17,000 workers; this means more profits for the company and greater dividends and buybacks for the shareholders. This is pretty good unless you were one of the 17,000 saps that got canned. While firing…

If they don’t buy it, why should you?

According to Morningstar, of the 7,700 funds tracked, fifty percent of the managers have not invested a single dime in their funds!! This is an outrage. Not only do the majority of these funds vastly underperform their index, their own managers are showing no confidence in their ability to beat the market. This is like…