The Derivative Project

Online Advisors

Hello New York Times: Please Define “Conventional Money Management”

Hello New York Times: Please Define “Conventional Money Management”

The New York Times is doing a disservice to every retirement investor in their recent review of the “Robo-Advisors”, “Sites to Manage Personal Wealth Gaining Ground” The New York Times states: “The biggest selling point is that these relatively new sites are often far less expensive than conventional money managers,…

Bloomberg ETF Analyst Promotes New Wall Street Wolf— In Sheep’s Clothing?

Bloomberg ETF Analyst Promotes New Wall Street Wolf— In Sheep’s Clothing?

Just because something costs less, does not mean it adds more value, after all fees. Bloomberg ETF Analyst, Eric Balchunas, saw the movie Wolf of Wall Street, and came to the same conclusion Not On My Nickel did based on working in the industry. ¬†Financial intermediaries add an extra layer…