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Passive investing's champion and biggest cheerleader over the years, Jack Bogle, founder and retired CEO of The Vanguard Group, has changed his tune.
And it's even worse than he says.
Here's how to protect yourself...
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We get hammered every day with loud suggestions on a stock to buy right now that could make you a gazillionaire by lunchtime tomorrow.
Today, I'm correcting this imbalance.
I'm here to show you the three stocks to never own. And they could be in your portfolio right now...
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One of Wall Street's dirtiest tricks is how short sellers can wage vicious public relations campaigns against a company in hopes of driving its share price down.
That's exactly what's happening to one of the best cannabis stocks on the market.
And it's going to backfire spectacularly...
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You know how important the FICO credit score is. It impacts everything from getting the home of your dreams to what interest rate you pay on a car loan.
Now, a new FICO credit score is on its way, and we wanted to make sure you knew exactly what it is and how it will work.
The reality is it might mean more for your money than how loans are approved...
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Midterm elections are only six weeks away, and predictably, many investors are turning themselves inside out because they think the stock market's next move hinges on the results of those elections.
The mainstream media certainly wants you to believe that that's the case. So do legions of pundits hawking their unique brand of divisive spin over the Internet, on the nightly news, at political rallies – even during sporting events.
We're told that our financial future hangs in the balance.
Not true.
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Chances are you own one of the following ETFs.
After all, they are the most popular consumer and tech ETFs on the market.
But this week, they are selling their holdings in some of the biggest and best stocks on U.S. exchanges.
Make no mistake, it's a move that will affect your money...
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The legal cannabis industry could explode from $10 billion this year to $57 billion over the coming decade.
That 470% growth potential has investors pouring money into the industry, and one of the most popular ways to do it is through cannabis ETFs.
But that's a costly mistake...
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Ten years ago on Sept. 15, in 2008, Lehman Brothers Holdings Inc. failed in spectacular fashion.
The implosion of the $600 billion-in-assets investment bank immediately triggered the financial crisis, which led directly to the Great Recession.
But none of that had to happen.
Lehman could have been saved or, at least, slowly and systematically unwound. The financial crisis could have been averted, and the Great Recession should never have happened.
Those events happened for good reasons in hindsight. Not good for you, me, the economy, or America, but good for the re-shaping of political and banking powers who benefited from what they let happen.
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The next government shutdown could be just days away, and the stakes are higher than ever.
The 2018 government shutdown won't just keep some national parks closed or send some bureaucrats home from work early.
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Every year, I attend at least one major hedge fund or asset manager conference.
I don't do it to see where Wall Street is investing. I do it to find out its latest strategy to collect billions in fees.
But you don't need to own a hedge fund to get rich like Wall Street...
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