Image Credit: Alex Nabaum By Jason Zweig | April 19, 2019 12:00 p.m. ET Bit by bit, the myth of the “dumb money” is dying. For decades, Wall Street has derided individual investors as ill-informed, fickle and hapless. Instead of buying and holding, or buying low and selling high, the “dumb money” blindly chases performance, buying high and...
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Image Credit: Alex Nabaum By Jason Zweig | April 12, 2019 12:24 p.m. ET Sometimes, what research shows is less telling than what it doesn’t show. Consider a recent study from Fidelity Investments that has been circulating widely among financial advisers. It indicates that index, or passive, funds—those popular investment baskets that run...
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Image Credit: Rob Wilson By Jason Zweig | April 5, 2019 11:30 a.m. ET How you pay for financial advice can be as important as how much you pay. On March 28, Charles Schwab Corp., the discount broker and investment-advisory firm, launched what it calls Schwab Intelligent Portfolios Premium. After an initial $300 fee, the service costs $30...
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