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Joined 364 days ago

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Smart SpendingCOMMENT

Are financial advisers failing the 99%?

1) Most advisors know little to nothing about investments, they just sell spots in a mutual fund that were designed by someone else. 2) Be cautious of mutual funds, the percentage of people who actually make money after fees is just incredibly poor.   Learn to or find someone who knows how to conduct a fundamenta...more
5/23/2012
Smart SpendingCOMMENT

Are financial advisers failing the 99%?

I can't seem to recall the exact percentage off the top of my head but I believe it's close to 92% of mutual funds miss their indexes.  It's well established that ETF's outperform mutual funds due to a lack of fees associated with ETF's.  If you actually read my original post I said, learn to or FIND someone who unders...more
5/23/2012
newsCOMMENT

Inside the Facebook flop

Facebook doesn't sell a product and therefore have a lack of tangible revenue streams.  Why is it a suprise that their stock hasn't faired well?
5/23/2012
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