I recently received a call from "Russ," a client of mine. He was wondering why the investments he holds at my money management firm have gone up so much more than the money he's entrusted to a major fund broker.
I'd be wondering, too.
That's because, in a year filled with hundreds of 52-week highs and a broad market that climbed roughly 25%, they've managed to "grow" Russ' money all of... 2%?
It didn't take long to find out why.
It's estimated that by 2020, nearly $3.85 trillion will be invested in the same "one-click" mutual fund industry's bestsellers that Russ did: "Target Retirement Funds."
I'm so glad he called.
These "funds of funds" are dangerous. They're far too simplistic, automatically adjusting your investments based largely on one factor: your age. And that just doesn't work anymore.
In fact, these "solutions" are more dangerous than they've ever been... Full story
Currency Revolution Venture Capitalists to Provide "Tipping Point" for Bitcoin Bitcoin got much bigger this week. San Francisco's Coinbase is in the midst of a $25 million round of fundraising with an eye toward expansion. The company now hosts more than 600,000 online bitcoin "wallets" and has developed an enviable reputation for stability security. Coinbase's ultimate aim is "the mainstream adoption" of bitcoin. Silicon Valley veteran Michael A. Robinson couldn't be more excited. But he's positively drooling over these high-tech components...
Private Briefing (Premium) This Stock Will Light Up Your Life Money Map Presshas a "think-tank culture," in which everyone contributes. No idea is too small, no one is excluded. Ideas are put on the table, and evaluated on their merits - no matter where they come from. Yesterday's coffee machine chat becomes tomorrow's 200% gainer. So it's not all that surprising that decorating the office for the holidays turned up this killer investment. We could be looking at fast double-digit gains here... Mastering Volatility "Good News Is Bad News" Is Good News... For Us The Fed's massive cash infusion has turned the markets to junkie thinking - they have to have that $85 billion-a-month fix, no matter the true cost. As we saw (again) this week, the faintest glimmer of an economic recovery that might cause the Fed to taper sends markets reeling, only to rally when the pushers at the Fed assure everyone that they'll keep the money flowing. It's madness... but it can be harnessed and put to work for you. The last time volatility spiked like this, Shah's readers made over 400% twice in one day. They did it with this powerful tool...
Michael A. Robinson You Don't Have to Play Videogames to Win This $93 Billion Grudge Match Thanks to two huge product rollouts in November, this holiday season will be one of the hottest ever for this massive slice of the high-tech sector. That's because three giant companies are fighting it out - to the death - for the biggest piece of a $93 billion windfall. And investors who identify the winner of this battle stand to pull down a hefty profit. Today, I'm going to show you which firm will come out on top.
Income Accelerators Don't Wait for the Board to Act... Give Yourself a Dividend Increase Now Charge! Credit card giant and hero of the week MasterCard gave shareholders a very nice early holiday gift this week. The company's stock was already up 55% for the year when it announced a 10-for-1 stock split, a $3.5 billion buyback of common stock... and an incredible 83% boost to its dividend. But what didn't make the headlines is even more exciting. There's a way for dividend investors to radically boost their long-term dividend gains. Here's how the pros do it...
The Long View You Can Win This "Money Game" 80% of the Time Options trading is huge right now. You can generate a ton of cash selling naked puts and calls. And you get the money right up front. Even better, you're only "on the hook" for a fixed amount of time - you can sell contracts that expire in as little as a week and, if you do it right, the brand-new cash in your account is yours to keep. Here's how you can get started...
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