The millions spent on advertising and JD Power Awards for customer service ignore the facts–Edward Jones is just like any other brokerage firm that sucks the money right out of investors portfolios.  While targeting smaller accounts (typically assets of $500,000 or less) Edward Jones attempts to build a loyal following by having an office on [...]

While vacationing to Florida I witnessed the seasonal conditional of ‘Green Tide’. I’m not a scientist or ocean buff but basically it is a green algae they call June Grass. The June Grass/Green Tide will come in to Destin/Panama City Beach at anytime during the summer but typically in July or August. Lasting usually a [...]

Soon to be released study from the Journal of Empirical Legal Studies (Sept. 2010) shows that Mutual Fund Past Performance means nothing but is used to seduce and swindle investors. In this video and attached report, you will see exactly why looking at past performance of mutual funds is a cardinal sin (possible an unforgivable sin). [...]

Great ‘insider article’ describing how currently brokers and brokerages must act in a ‘suitable world’ in which they just have to show that invest recommendations they made were suitable, although not necessarily the best for an investor.  In addition, when it comes to special offerings, IPO’s and other specialty items that brokerages create or are [...]