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Dan Solin
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Dan Solin is The New York Times' best-selling author of the Smartest series of books. His next book, The Smartest Sales Book You'll Ever Read, will be published in March, 2014.

Entries by Dan Solin

A Stock Tip That Went Horribly Wrong

(0) Comments | Posted May 14, 2016 | 8:04 AM

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Of all the misinformation disseminated to investors, the most pernicious supports the belief that some "investment pro" or pundit has the skill to reliably pick outperforming stocks. This myth is perpetuated by endless blogs...

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The Three Biggest Investing Anomalies

(1) Comments | Posted May 7, 2016 | 7:05 AM

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There are many anomalies in investing. It wasn't easy to isolate the three biggest ones, but here are my choices:

1. You love Warren Buffett, but ignore his advice.

Warren Buffett has rightfully

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Complexity Is the Investing Devil

(0) Comments | Posted April 28, 2016 | 7:08 AM

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What do the following investments have in common?

  • Options
  • Covered calls
  • Collateralized mortgage obligations
  • Non-traded REITs
  • Master limited partnerships
  • Variable annuities
  • Equity-indexed annuities
  • Hedge funds
  • Principal protected notes
  • Private equity

Here's the answer: They...

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A Simple Strategy Your Broker Hopes You Won't Learn

(0) Comments | Posted April 26, 2016 | 1:31 PM

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The data is irrefutable. There's a direct correlation between low fees and higher expected returns. Two recent studies from Morningstar bring this point home in a powerful way.

The significance of low fees

In the...

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Rip-offs on a Massive Scale

(0) Comments | Posted April 18, 2016 | 10:03 AM

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Why settle for ruining the retirement dreams of one individual investor at a time when doing so on a massive scale is far more lucrative? That seems to be the strategy of some retirement plan...

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It's Still Open Season on Retirement Plan Participants

(2) Comments | Posted April 12, 2016 | 5:18 PM

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Don't get me wrong. I believe the new fiduciary rule recently announced by the Department of Labor (DOL) will be a net plus for retirement plan participants. The rule expands the definition of "fiduciary investment...

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A Rational Explanation for Irrational Investing

(0) Comments | Posted April 4, 2016 | 6:46 AM

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It can be frustrating being an advocate for evidence-based investing. The data supporting a simple buy-and-hold strategy (with periodic rebalancing) of a globally diversified portfolio of low-management-fee index funds is overwhelming.

Few investors understand...

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A Bold Way to Pick 'Winners'

(0) Comments | Posted March 27, 2016 | 9:19 AM

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It's a mystery to me why so many investors pay brokers to pick "winning" mutual funds. But they do, and it turns out that they aren't alone in this often fruitless quest. Pension funds pay...

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You're No Match for Wall Street

(0) Comments | Posted March 21, 2016 | 9:20 AM

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Wall Street has an alarming number of shady practices geared to transfer your money to itself. Main Street investors are outgunned and ill-equipped to deal with its chicanery.

Conflicts of interest abound

There's a...

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Don't Be a 'Low-Information' Investor

(0) Comments | Posted March 12, 2016 | 7:48 AM

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There's a lot of talk in the media about "low-information" voters. Ted Cruz may be responsible for coining the term. He referred to supporters of Donald Trump as those "who have relatively low...

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A Plan to Stop the Pension Plan Rip-Off

(0) Comments | Posted March 7, 2016 | 6:37 AM

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It's small consolation that your broker is only harming one client at a time by claiming the ability to "beat the market." Recommending actively managed funds, private equity, individual stocks and alternative investments is...

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Boring Advice. Better Expected Returns

(0) Comments | Posted March 3, 2016 | 6:40 AM

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The financial media went into overdrive hyping the sharp decline that the market experienced at the beginning of 2016. Much less has been made of the recovery of the S&P 500 Index, which

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Genius, Hypocrisy and Chicanery

(0) Comments | Posted February 16, 2016 | 4:34 PM

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Genius

Some of the best and brightest people -- often graduates of our finest business schools -- work on Wall Street. They are highly skilled at what they do. Here's a summary of their "genius"...

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Ignore Advice to "Do Something"

(0) Comments | Posted February 16, 2016 | 8:39 AM

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Almost every day I get an email from a concerned investor. Their litany of worries includes the terrible start to the year, market uncertainty, geopolitical risk and concern over who will be elected as the...

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January Returns Mean Nothing

(0) Comments | Posted February 14, 2016 | 8:10 AM

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The first two weeks of January returns for the S&P 500 index were the worst in history. That statement is true. The index returned -7.93 percent for the period from Jan. 4-15, which was its...

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The Biggest Market Myth

(0) Comments | Posted February 2, 2016 | 4:42 PM

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Particularly in times of extreme volatility, pundits come out of the woodwork to "explain" to the rest of us the reasons underlying the rise or fall of the stock market. For example, how many times have you...

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The Deceptive Returns of Active Managers

(0) Comments | Posted February 1, 2016 | 6:22 AM



A colleague related this sad story about the death of his elderly mother. Nearing the end of her life, she was in a coma in the hospital and it was clear to him she would not survive. He had always promised her she would not have to endure...

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Terrible Advice in Tough Times

(0) Comments | Posted January 20, 2016 | 6:08 AM

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It's sad that terrible advice is so freely dispensed in tough times. Investors are at their most vulnerable, reeling from the market selloff. Many in the financial media see this as an opportunity to boost ratings...

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The Smartest Path For Investors in 2016

(1) Comments | Posted January 19, 2016 | 11:18 AM

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What Warren Buffett Isn't Doing

(0) Comments | Posted January 12, 2016 | 5:37 PM

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I don't know Warren Buffett. I didn't interview him for this article. But I'm pretty sure I know what he isn't doing to cope with the worst first four trading days in history for the S&P 500 index...

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