Is Your Financial Advisor Conflicted? Watch out: that broker-sold mutual fund or IRA rollover move might not be in your best interest. Why? Broker-dealers must have reason to believe that an investment they recommend is suitable for you. By contrast, a registered investment adviser is held to a higher “fiduciary” standard of putting clients’ best interests first. In advance of new proposed Department of Labor rules to protect retirement savers from salespeople expected ...
Goldman Closes Real Estate Credit Fund at $4.2 Billion Goldman Sachs Group Inc. (GS), whichshifted its real estate focus to lending from buying propertiesafter the financial crisis, completed fundraising for its secondreal estate credit pool at $4.2 billion. The New York-based firm raised $1.8 billion in equitypledges from institutions and wealthy individuals, supplementedby the same amount in borrowings and $600 million of the firm’sown money, said Alan Kava, co-head of the ...
Introduction to Technical Indicators (based on dailyfx aticle) Trend Following Trend following indicators were created to help traders trade currency pairs that are trending up or trending down. We have all heard the phrase “the trend is your friend.” These indicators can help point out the direction of the trend and can tell us if a trend actually exists. Moving Averages A Moving Average (MA for short) is a technical tool that ...