Target-date retirement funds took a bad rap during the 2008-09 market meltdown. Some investors apparently thought that they wouldn’t lose any money in the funds or that they were sure to be safe at the target date.
Misunderstandings like these show the need for more information about how target funds work. The Securities and [...]
You say you’re too smart to get trapped by a free-lunch “senior seminar?” Guess again. Older people with good incomes and business or professional backgrounds are the tactic’s red meat.
You’re invited by a prominent financial firm (or what sounds like one) for an “educational” session on, say, estate planning or improving your [...]
You can’t turn your back on Congress for a minute. Just when you think an issue will be settled in favor of investors, a Senator oozes under the door and slides a quick pro-business, anti-investor change into a bill.
That’s how the equity-indexed annuity — a costly product with a woeful past — slipped out of the [...]
