This is A Good War for Individual Investors

sale tag

Ron Lieber of the New York Times is one of my favorite authors of financial and money matters. I frequently forward his columns to my existing clients and future prospects.

His August 22, 2014 article titled “An Emerging Price War in the World of Investment Advice” is a great read for all levels of investment management expertise.

If you manage your own money, there is likely to be big changes ahead for your investment management options. If you pay a third-party for your investment advice, you better pay attention to the industry ground moving under your feet.

Lieber says that people with less money will pay more fees to work with big name brokerage firms. BlackRock, Fidelity, Merrill Lynch, and Schwab are all tuned in to investment costs and fees. “Should they really receive $2,000 each year, year after year, for keeping an eye on a basic $200,000 portfolio?,” he asks.

Everyone with a stake in the investment game should be ready for a game change. Lower costs for individual investors are a good thing. Just be careful where you get the investment advice to go along with it.

Ric Lager
Lager & Company, Inc.

Share and Enjoy

  • LinkedIn
  • Google Plus
  • Facebook
  • Twitter
  • Add to favorites
  • Email
  • RSS

Where Should You Get 401(k) Advice?

3227c81343ad3a1eaeeb6140f5b405ac

An article published in Forbes by John Wasik includes a good summary of the primary sources of investment information for individual company 401(k) retirement plan participants. In addition to listing the pros and cons of each type of investment, … [Continue reading]

A Power of Attorney Isn’t Always Powerful

545634_74847174

An article published in the New York Times describes why a Power of Attorney isn’t as powerful as some people think. The information hit home for me since I’m the Power of Attorney for two of my family members: My 90-year-old uncle and my 86-year-old … [Continue reading]

Poll: American investors don’t fully understand the stock market

9633_1615

A new Gallup poll suggests that only 10 percent of America’s investors truly understand the power of the stock market. Results from the Wells Fargo/Gallup Investor and Retirement Optimism Index survey, which was conducted in June and July, show that … [Continue reading]

Report: Small business owners neglect retirement plans

431fe4f7aa352cba3add32a91ba1f8fa

A survey conducted by CNBC in conjunction with the Financial Planning Association recently revealed that American small business owners aren’t saving enough for retirement. Information was collected from nearly 200 financial advisors who work with … [Continue reading]

3 Things About Your Stock Market Mutual Funds

Three Fingers

Here is a list of three very important things to think about in regard to your current stock market mutual fund holdings. First, the stock market mutual fund investment management message is always the same. It is always a great day to invest in … [Continue reading]

You Don’t Have the Time to Buy-and-Hold

9633_1615

If you have had time to read the recent stock market headlines, you no doubt have seen the all-time hit list of financial service industry jargon. This phenomena takes place every time the stock market trades at new high levels. The stock market … [Continue reading]

Think About Your Investment Risk

1131300_58005006

There is no stock or bond market investment return without risk. This is an especially important concept to remember as we have seen all-time stock market high price levels in the last two months. It is very important for you to be aware of the … [Continue reading]

Think About the Safety of Your 401(k) Now

Man Down Sad

U.S. stock market prices have more than doubled the value of the S&P 500 over the last five years. It has been about 2 1/2 years since stock prices fell significantly. Just about every Minnesota stock market investor that I talk to thinks that … [Continue reading]

The Three Categories of 401(k) Fees

401(k) jar

The U.S. Department of Labor’s 401(k) fee disclosure rule went into effect in July of 2012. Minnesota company 401(k) retirement plan administrators are required to disclose all company 401(k) retirement plan fees. This disclosure comes in a quarterly … [Continue reading]