Latest Posts

Class action settlement forces Principal to cut plan fees.
04 Sep 2015

Principal Life Convicted of Violating ERISA by Pushing Proprietary Funds; Agrees to Lower Fees

Principal Life, a subsidiary of Principal Financial, one of the nation’s largest companies in the 401(k) industry, likes to portray itself as the folksy neighbor interested in your financial well-being, but as a recent lawsuit shows, Principal Life has no qualms about pushing its own, more expensive proprietary funds to

Chuck Epstein 0
Nobel Prize Winning Economist Burton Malkiel
01 Sep 2015

What Your Financial Advisor Should Be Doing For You

The age of consumerism has passed over the financial services industry. This means average investors who buy mutual funds, insurance policies, annuities and other types of investments work under the assumption that their financial representative is working in their best interests. This is a false assumption. As numerous lawsuits and

Chuck Epstein 0
banker-19295760
27 Aug 2015

When Politicians Become Made Men

When politicians are in office, they see the huge money luring them to vote in a certain direction. When they leave office, they are free to more openly pursue that huge money. All they need to do is shed the veneer of respectability. When they openly take the money and

Chuck Epstein 0
Panic anyone?
24 Aug 2015

Why Severe Market Drops Are Fool’s Mate for Individual Investors

Fool’s mate happens in chess when a player, often a novice, is boxed into a position where any action leads to defeat. That’s the case for individual investors today as evidenced by the record 1,089 point drop in the Dow-Jones Industrial Index in first few minutes of trading on August

Chuck Epstein 0
Alayne Fleischmann, hero
20 Aug 2015

How Wall Street’s Bankers Stayed Out of Jail

NOTE:  This web site very rarely publishes articles from other people (this is only the second one), however, this is an exceptional article by author and former JP Morgan Chase executive  William D. Cohan who gives a detailed account of how the banks have taken over the U.S. justice system

Chuck Epstein 0
16 Aug 2015

Etsy’s Social Responsibility Creates an Ethical-Business Dilemma

What happens when a company that espouses financial transparency with all of its customers and shareholders suddenly shifts gears and changes its structure to hide financial information in order to pay fewer taxes? Should the company still be trusted by its customers? Does it still meet the standards of being

Chuck Epstein 0
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