Daniel R. Solin's Blog, page 41

Don’t Be Left Behind

The gig is almost up, as investors access the wealth of information indicating lower expected returns for investors in actively managed funds.

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What the All-Knowing Advisor Doesn’t Know

While well-intentioned, giving clients advice in areas in which you have no qualifications has obvious perils. Here’s one you may not have considered: Doing so, makes you less likable.

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Syria, North Korea and Your Investments

Fear and anxiety are good for its business. It increases viewership. More viewers mean more revenue.

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Mutual Fund Recommendations Are A Cruel Joke

Your broker is unlikely to tell you there’s an excellent chance the mutual fund recommended won’t even survive for 15 years, much less outperform its benchmark index.

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Why Conferences are a Big Charade (and how to fix them)

The basic premise of conferences is flawed. Attendees focus on the quality of the speakers and feed the myth that more charismatic speakers will contribute to a more productive conference. The data contradicts this premise.

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Your 401(k) Is A National Disgrace

The primary beneficiaries of 401(k) plans are advisors, record keepers and (most of all) mutual fund companies. The well-being of hapless employees is relegated to last place.

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Inexplicable Behavior Explained

I wonder what makes the Canadian volunteers so different from these brokers. How can they justify spending their day ripping off their clients?

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My $50 Million Mistake

The more data you provide to someone with a pre-existing belief, the more likely they are to align themselves with their belief, even though it’s contradicted by the evidence.

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A Trauma Nurse Is Traumatized

Your friendly broker is the biggest threat to your investments. If there’s once piece of advice I would implore you to adopt it’s to stop using the services of any brokerage firm.

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A Tale of Two Brokers

I receive many inquiries from readers of my books asking my advice about recommendations they receive from their broker. Typically, these recommendations are in the best interest of the broker and his employer.

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