Comments on: How to Lost Money to Conflict of Interest http://investment-fiduciary.com/2009/04/08/staggering-cost-of-conflicts-of-interest/ Prudent Investing, Lasting Wealth Sat, 19 May 2012 21:02:29 +0000 hourly 1 http://wordpress.com/ By: How investors lost money: evidence from mutual fund flows « The Investment Fiduciary http://investment-fiduciary.com/2009/04/08/staggering-cost-of-conflicts-of-interest/#comment-465 Fri, 31 Jul 2009 00:16:47 +0000 http://investmentscientist.com/?p=696#comment-465 [...] don’t need outside help to hurt themselves. I’ve been writing about how ignoring conflict of interest, hidden fees, and not taking the necessary time to do due diligence costs investors a great deal of [...]

]]> By: investment-scientist http://investment-fiduciary.com/2009/04/08/staggering-cost-of-conflicts-of-interest/#comment-381 Fri, 22 May 2009 03:04:52 +0000 http://investmentscientist.com/?p=696#comment-381 Mr. Lin,

Great question!

I don’t know if the market has touched bottom or we are going to a Japan style lost decade. I am not a prophet. As I said before, it does not take the gift of prophecy to be a good investor, if that’s the case, nobody can be a good investor.

It takes careful planning and discipline to be a good investors. Please read David Swensen’s four point advice to individual investors …

http://investmentscientist.com/2009/01/07/david-swensen-gives-four-point-advice-to-individual-investors/

]]> By: D Lin http://investment-fiduciary.com/2009/04/08/staggering-cost-of-conflicts-of-interest/#comment-379 Thu, 21 May 2009 17:15:18 +0000 http://investmentscientist.com/?p=696#comment-379 Michael,

As a valued-stock investor, “when to buy” probably is not a big issue comparing to “when to sell”. What was your strategy in 2008 comparing to Mr. Oracle? I mean if you still keep valued-stock portfolio, even it has lost 30% to 40% value? If yes, what is your point to make your sturdy mind? I know you didn’t make your decision yet if the market has touched the bottom or going to Japan’s lost-decade.

Thanks

]]> By: Recessionista http://investment-fiduciary.com/2009/04/08/staggering-cost-of-conflicts-of-interest/#comment-376 Thu, 07 May 2009 20:39:41 +0000 http://investmentscientist.com/?p=696#comment-376 This is very scary. I also found the following article helpful

http://financialhighway.com/

]]> By: investment-scientist http://investment-fiduciary.com/2009/04/08/staggering-cost-of-conflicts-of-interest/#comment-332 Fri, 10 Apr 2009 13:48:28 +0000 http://investmentscientist.com/?p=696#comment-332 Marilyn,

Your horror story is not unique, it is happening every day. FINRA, the so-called self-regulatory body of brokers, has no teeth. It is primarily there to serve the brokers’ interest. What worries me and should worry all investors is Mary Schapiro, the new SEC chairman, was president of FINRA. I am afraid investors really have nobody to protect them other than themselves.

That’s why my services are gearing more towards helping people uncover conflicts of interest.

]]> By: Marilyn Holt http://investment-fiduciary.com/2009/04/08/staggering-cost-of-conflicts-of-interest/#comment-331 Fri, 10 Apr 2009 06:24:39 +0000 http://investmentscientist.com/?p=696#comment-331 Good article. Keep telling people what happens with dishonest money managers.

Sounds like what I found about 12 years ago in my father’s (now deceased) account. There were five times as many trades as he owned stock. Over several months there had thousands of dollars of trading fees, and not one additional dollar into the account. I had a sharp discussion with the man. Then he had the nerve to call my father and tell him what a horrible daughter I was. We had lots of problems later, too. My new stock brokerage firm actually made a formal complaint, but that went nowhere.

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