Don’t Trust Your Financial Adviser

Take it from me, as a former adviser and stockbroker: You cannot trust the expertise or intentions of most financial advisers. Let’s start with expertise.  The education and other credentials advisers possess vary radically, but most advisers simply aren’t good investors, whatever their credentials.  They aren’t worth listening when it comes to allocating a portfolio. […]

The Market Way of Thinking

There have always been people with a survivalist mentality who think some sort of supremely disruptive national emergency is just around the corner.  In the years following the financial crisis and Great Recession, more of these people have warned others to prepare as they do. It always pays to be prepared, but is it reasonable […]