After 30 years of affiliation with the insurance industry, I have a deep appreciation for insurance agents. I wonder how many will be left five years from now?

I agree with George Will about as often as the Boston Red Sox agree with the New York Yankees, but as the law of broken clocks suggests, we must both be right at least twice a day.

There are few greater examples of the irrationality of investors than the world of hedge funds. In spite of the historically poor return on investment, money continues pouring into hedge funds.

Mutual fund investors who choose no-load funds with low management fees no doubt think they are getting the best possible deal. But even investors in "low cost" funds get hit with hidden costs that amount to more than $10 billion annually.

The perpetuation of the myth that you can pick outperforming actively managed funds through "research" is a cruel hoax. It makes ordinary investors feel inadequate when their efforts fail.

A key reason for the low balances of the even those at the top of the pecking order for 401(k) plans is unconscionable fees imposed by the mutual fund industry.

A 10 year record of stellar performance is not predictive of future performance. Instead, investors would be far better served limiting their portfolios to globally diversified, low-management fee index funds in an appropriate asset allocation.

Americans got ripped off during the financial crisis. Right? Nope! That began decades earlier when financial wizards invented a myth called the "efficient market hypothesis" based on Burton Malkiel's Random Walk.

"It was all about the money, not the client." That's according to Warren Rockmacher, a former broker at JPMorgan Chase, as quoted in a recent New Y...

* CEO pay rose 14 pct in 2011 vs 23 pct in 2010 * AFL-CIO presidents says Citigroup pay vote "a bell-ringer" * Mutual fu...

Investors around the world are getting more anxious, and they're choosing to put their money in an unusual safe haven: the U.S. stock market. A new...

Since 100 percent of its retirement funds beat their 5-year Lipper average, investors could believe that T. Rowe Price has consistently "beat the market". Is this accurate? Not if you understand how the use of benchmarks can be misleading.