There’s a growing concern percolating beneath the surface of the stock market. And, no, I’m not talking about a looming correction or anything like that. It’s a problem that’s making it even tougher for individual investors to find market-beating stocks. It’s a problem that will require investors to have a system, like Maximum Profit, to have any hope… This predicament became even more glaring on April 19 when the world’s largest asset manager, BlackRock (NYSE: BLK) reported quarterly earnings. #-ad_banner-#BlackRock’s report included an astonishing achievement, even by its own standards. The company’s assets under management (AUM) reached… Read More
There’s a growing concern percolating beneath the surface of the stock market. And, no, I’m not talking about a looming correction or anything like that. It’s a problem that’s making it even tougher for individual investors to find market-beating stocks. It’s a problem that will require investors to have a system, like Maximum Profit, to have any hope… This predicament became even more glaring on April 19 when the world’s largest asset manager, BlackRock (NYSE: BLK) reported quarterly earnings. #-ad_banner-#BlackRock’s report included an astonishing achievement, even by its own standards. The company’s assets under management (AUM) reached an all-time record of $5.4 trillion. That’s bigger than JPMorgan Chase (NYSE: JPM), Goldman Sachs (NYSE: GS) and Bank of America (NYSE: BAC) combined. They accomplished this impressive feat, in large part, by leading a trend that’s radically changing the investment world. You see, fewer and fewer investors are picking individual stocks. Instead, they are opting for index funds, and BlackRock has become a leader in low-cost index funds and exchange-traded funds (ETFs), as opposed to actively managed funds. Now, index funds can play a vital role in portfolio management, and I like the fact that they allow investors easy… Read More