The Truth

Three incredible performances of the truth about investing on display today, and I need you to check out all of them…

1. This is the first time in a long time that I’ve been excited about a new financial blogger coming along, but Chris Haigh – a certified financial planner – is sick and tired and he’s not going to take it anymore. He has been abused by the student loan processing industry and with this post he lays it all on the line. What you are about to read is an absolute tour de force…

The Black Plague 2.0 (Student Loans) (Iconoclastic Capital)

2. Batnick just posted twenty of the craziest investing stats I’ve ever seen.

1. Since 1916, the Dow has made new all-time less than 5% of all days, but over that time it’s up 25,568%.
95% of the time you’re underwater. The less you look the better off you’ll be.

9. U.S. one-month treasury bills went 68 years with a negative real return.
What’s safe in the short-run can be risky in the long-run.

Read them, absorb them, understand them, never forget them:

The Twenty Craziest Investing Facts Ever (Irrelevant Investor)

And if you don’t understand these concepts, you really are far away from being informed enough to make good decisions.

My colleague Dina Isola testified before the US House of Representatives Financial Services Committee this morning about the need for a strong fiduciary standard for all financial advisors. This is one of the proudest moments for our firm since we started, and personally I am overwhelmed with pride. She is armed with the most important weapon of all: The truth.

You can watch it below, scroll across the timeline til you see “Ms. Isola” placard…