mutual funds

Sure, Go Ahead and Invest in Goldman Sachs’ Hedge Fund for Average Joes (Just Don’t Expect to Make Money)

Much attention has been paid lately to Goldman Sachs’ decision to “help” average folks (a.k.a. the 99% crowd) access the kind of high-stakes hedge funds once available only to the superrich (a.k.a. the 1%). And while all sorts of pundits and investor advocates have noted the folly of this and similar ideas, there’s a case to be made that …

Are You Overpaying for your 401(k)?

Boston College’s Center for Retirement Research Center has a study out this month about the cost of 401(k) plans, and they have found another flaw in the nation’s defacto retirement savings system: It is overpriced. So not only do 401(k) plans not meet the needs of the average American, they aren’t cost effective either. I wrote about