Category Archives: Wall Street
Why Are Mutual Funds So Popular?
Did you know that there are more mutual funds than there are stocks? Have you ever wondered why mutual funds are such popular investment vehicles? Conventional wisdom will tell you that mutual funds are popular because they are less expensive than stocks because they do not carry hefty commissions, they allow the little guy to [...]
Who is Diversification Supposed to Protect?
The investment industry has done a wonderful job convincing people that diversification is a no-brainer. Who can argue that it is prudent to put all your eggs in one basket? However, is diversification really protecting you or is it protecting your broker or financial advisor? Warren Buffett, the greatest investor in the world, said, “Diversification [...]
Why doesn't your stockbroker know anything about investing money?
The majority of people need investing help but it is truly amazing how many of them entrust their entire life savings to stockbrokers who know absolutely nothing or very little about investing money. In their defense, many stockbrokers may be honest individuals who truly want to help their clients invest money and provide the best [...]
