Wouldn’t it be nice if every financial firm laid out its priorities, and every financial blogger and author shared with us their biases? Perhaps one of the reason’s the Department of Labor is in the process of implementing the new fiduciary laws is for this very reason: it’s hard to know where people stand.
Read MoreAt a dinner party one day I was chatting with a new friend and she mentioned how excited she was to have opened an account at one of the new online automated investment companies. After opening her account she moused through a few sliders, allowing the algorithm to peg her investment time horizon and risk tolerance.
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