Herbalife is a multi-level marketing company that sells weight loss products and nutritional supplements. On the surface, there’s nothing illegal about that. But one prominent investor, hedge fund guru Bill... read more →
Here’s the single best investing tip I can offer: Focus on process not products.
Investors too often lose money by worrying too much about investment products, rather than directing their attention to the process of investing.
Far too many people fall into the trap of watching the latest Wall Street headlines on TV or in newspapers, magazines, and online publications, and then trying to chase returns. These investors are seduced by media headlines such as: “Experts Predict The Hottest Stocks of 2012” or “The Best Mutual Funds to Buy in the New Year.”
This is precisely the wrong way to go about investing. Investing should not be about chasing down individual products, but about how you can best manage the process of investing.
If you’ve decided to diversify your investments and are interested in purchasing stocks, don’t overlook the benefits of working with an online stock broker. Online stockbrokers serve as middlemen to... read more →
If you’ve thought about switching banks to skirt extra fees or just for better services, don’t overlook the option and benefits of joining a credit union too. Credit unions are... read more →
Q: I have been contributing to a pre‑tax 401(k) for many years, and a Roth IRA as well. I’m 52 and very disappointed in the balance of these accounts, as... read more →
Investors too often lose money by worrying too much about investment products, rather than directing their attention to the process of investing. (more…)
Q: I am retiring and want to roll over my deferred account to an IRA. Which is the best IRA account? And how old do I have to be to... read more →
Q: I have $1000 I would like to invest. What type of investment you think I can do that will yield the highest (return). I am saving to buy a... read more →
