By Jason Zweig | 8:23 pm ET Aug. 9, 2013Image Credit: Christophe Vorlet In the next few weeks, the way investors get advice could change forever. By law, a fiduciary—like a doctor or a lawyer—must act in the best interests of his client and seek to avoid all material conflicts of interest. Investment advisers are required to act as fiduciaries, but...
Read MoreThe Dark Side of Higher Yields
Photo credit: “Devil’s Tower” (2004), Wikipedia Creative Commons By Laura Saunders and Jason Zweig Aug. 9, 2013 6:52 p.m. ET Master limited partnerships, the publicly traded energy firms offering the steady high income many people crave, have been hotter than a wellhead fire. Investors should proceed carefully, however, or...
Read MoreCan You Be Bound for Glory?
By Jason Zweig | 7:06 pm ET Aug. 2, 2013 Image Credit: Christophe Vorlet The bull market is starting to look like a stampede. After taking more than 13 years to climb to 1600 from 1500, the S&P 500 index of big U.S. stocks didn’t even take 13 weeks to add the next 100 points. On Thursday, just 90 days after rising above 1600, the S&P 500 closed at...
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