There are some interesting things happening to JP Morgan this week. Also we look at Yahoo and Bitcoin. Check out what we're reading this week.
Analyst Chad Wotton explains how the popular social security option to "File and Suspend" is being phased out.
There are many different perspectives on personal finance and money; oftentimes, the way people view money is impacted by their emotions and biases. That will never change. However, recognizing how we work with our money and more importantly, that money decisions are emotional, is the fist step towards making the best decisions with your savings.
Check out the news on stop orders and how one guy managed to owe eTrade over $100,000 because he didn't know what short selling was. Finally, a short piece on the Department of Labor's fiduciary duty rule.
The market dropped through our lower risk thresholds, here is Dave Martin's update.
Last week we saw a rally in U.S. stocks and our indicators suggest that it could be fragile. Dave Martin shares his comments here.
This week I read a lot about daily fantasy sports. There's also a nice article on active vs. passive management and "securities fraud on cyber steroids."
This month we decided to increase our market exposure, here's why
This week we look at Blackrock's new millennial investment platform, Stash. We also look at the debt ceiling, along with holiday season trends and a glimpse into the world of politics.
The fiduciary vs. suitability standard debate rages on and Jeff and I have a few thoughts to share. I plan on writing up a longer post on this topic in the future but until then here is an email Jeff recently sent to a client with a few of my thoughts.