Investment Seminars: Free Food With A Catch?

The Financial Industry Regulatory Authority (FINRA) has issued an “investor alert” warning individuals to be wary of free seminars boasting a free meal. Investors are frequently being invited to fancy restaurants with the promise of an expensive meal at no cost where they are given a free seminar that “educates” them about investing or managing…

Target-Date Funds Become Target Of SEC

An article in today’s Wall Street Journal entitled SEC Takes On Target-Date Funds, discusses the SEC’s efforts to improve disclosures made in these popular investments. What are Target-Date Funds? Like most mutual funds, Target-Date Funds invest in a mix stocks and fixed income investments.  What makes these mutual funds different is that the percentage of asset classes change…

Recovering Losses In Oppenheimer Champion Income Bond Fund

Multiple class action and individual lawsuits filed by investors recently have been filed because of the precipitous collapse of Oppenheimer’s Champion Income Fund (OCHCX). This bond fund was down approximately 82% in value at the end of 2008.  Other similar bond funds were down only approximately 30%.  This enormous difference can be attributed to the Oppenheimer Champion Income Fund…