AAII Survey: Readers Weigh in on Fiduciary Rule Court Decision

The 5th Circuit Court of Appeals ruled on March 15 that the Labor Department overstepped its authority by creating the “fiduciary rule,” which requires advisers and brokers to put their clients’ interests before their own when advising on retirement accounts such as 401(k) plans and individual retirement accounts. Following the court ruling, the Labor Department…

 

How to Buy Individual Bonds: A Fixed-Income Toolkit

Once you’ve learned about bond basics and reviewed the vast number of bond choices, you’re ready to make decisions on how to invest your funds in bonds. Basically, you have two choices: You can purchase individual bonds, or buy them packaged together as funds. Both choices offer certain advantages. The most compelling reason to buy…

 

Most AAII Readers Go It Alone When Making Financial Decisions

The mission of AAII for nearly 40 years has been to help individual investors become better managers of their own assets. Our readers and members tend to be self-directed investors who do their own research and manage their own accounts. AAII Weekly Survey Question However, to get a clearer idea of exactly how self-directed our…

 

How to Check Out a Financial Advisor

Editor’s Note: Portions of this article were excerpted with permission of the publisher, John Wiley & Sons (www.wiley.com), from “Getting Started in Finding a Financial Advisor,” by Chuck Jaffe. Copyright 2010 by Chuck Jaffe. You would think figuring out who to turn to when you need financial help would be as simple as telling yourself,…

 

What You Need to Know About Crowdfunding

Effective this week, just about anyone in the U.S. can play the role of venture capitalist. New crowdfunding rules went into effect on Monday that allow non-accredited investors to risk up to $2,000 or 5% of their annual income or net worth (whichever is less) in a start-up company during a 12-month period. Those with…

 

FINRA’s Proposal to Halt Elder Fraud: Stop Withdrawals

The Financial Industry Regulatory Authority (FINRA) released a new proposal to protect seniors from financial fraud. The rules will allow financial companies to respond to situations in which there is a reasonable belief that financial fraud is occurring. If fully implemented, financial firms would be able to place a hold on the dispersal of funds…

 

Saving for Retirement: What You Need to Know

At a time when nearly one of three U.S. households have $0 saved for retirement, the nonprofit Alliance for Investor Education (AIE) is making available “Saving For Retirement: What You Need To Know About 401(k), Traditional IRA and Roth IRA Plans.” AIE is a consortium of 18 leading U.S. financial-related foundations, nonprofit organizations, associations and…