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Category: A piece we love
A Quote We Love
Our favorite WSJ Columnist, Jason Zweig, recently told a story, warning of trying to get rich quickly. We had to share our favorite quote from the piece:
Fiduciary or Broker? The Glaring (and costly) Difference.
Sometimes you can’t shake a story because it keeps getting replayed in different forms. You might remember a piece in the NYT written a couple of years ago about a woman who stumbled upon gross misuse of her parent’s retirement money. Her parents’ brokers were mishandling the money for years, to their benefit – one stock had even been sold eight times in the same day, racking up enormous trading fees. It sounds shocking, but unfortunately, it’s an old story that bears repeating. Why? Sometimes we need reminding – employing a fiduciary advisor matters. “Fiduciary” means your advisor is legally bound to work in your best interest. Ask if your broker, or your parent’s broker, is held to this standard. Do you have a fiduciary advisor like Hill Investment Group?
No Surprise – David Booth Takes the Long View Too
Dimensional Founder and Executive Chairman, David Booth, sat down with Money magazine to give his take on the trending Wall Street topics. It will come as no surprise to our followers that his answers point toward taking the long view.
Should investors give up on value stocks for good? Is the stock market about to burst? Is the crypto frenzy dangerous? Here’s Booth on all that and more.