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Found 4 results

  1. Your new financial adviser has a well-decorated office, a firm handshake, and a bright smile. After an hourlong meeting, you leave with what you think is a state-of-the-art investment portfolio. You feel financially secure, taken care of. It’s also possible you’ve made a huge mistake. The White House under President Barack Obama estimated that Americans lose $17 billion a year to conflicts of interest among financial advisers. Wall Street lobbying groups dispute that math—and they’re right to do so. The actual dollar amount is probably much higher. https://www.bloomberg.com/news/features/2017-06-07/fiduciary-rule-fight-brews-while-bad-financial-advisers-multiply
  2. tony

    Esting Article

    Ignore-Computer glich
  3. Consumers have lodged countless complaints about how Wells Fargo & Co. employees opened sham accounts in their name. Recently, a Wells Fargo & Co. employee pointed her finger at the company for a different kind of financial pain—the hit to her 401(k) retirement savings account, due to a 12 percent drop in the company's stock in the wake of the cross-selling scandal. Article gives good advice on Bonds And Index Funds further down in article. My father invested money in company stock when he was alive and lost a ton of money. http://www.bloomberg.com/news/articles/2016-10-13/wells-fargo-is-your-last-warning-check-your-401-k
  4. Vanguard keeps working on its mission statement of lowering fees for its investors. http://www.bloomberg.com/news/articles/2016-02-05/vanguard-ceo-mcnabb-says-room-to-go-on-cutting-fees-further
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