(Click on title to view video) Learn the facts about asset class historical returns and what you can & should expect.  If someone is promising returns greater than these, that means they are going to outpace historical ‘market performance’ which is what the market has done.  So what does this mean? Considering most managed funds [...]

(Click title to view video) http://registeredrep.com/career/0901-wirehouses-lacking-recruiting/ Wow.  The article in gives you, the investor, the nitty gritty about how brokerage firms seek to make their money and meet their quota’s.  I personally love the statement: Same-store sales means motivating existing reps to gather more assets and clients, and squeeze more revenue out of those assets [...]

Just like ‘street hustlers’ who take money from unsuspecting people, mutual funds have developed a system that is very much the same.  Giving people the ‘illusion’ that there are funds and managers out there with Clairvoyance, they deceptively use the law of large numbers (with a big enough sampling, even flipping a coin which has [...]