Jason Zweig

In spring 2008, Paul Rosenau, a construction supervisor and heavy-equipment operator in Waseca, Minn., bought a Powerball ticket—and hit a $59.6 million after-tax jackpot. Rosenau, a devout Lutheran and the son of a pastor, recalls with a tremor in his voice how he and his wife, Sue, felt when they woke up the next morning. “We were very sure [the Powerball jackpot] was divine intervention,” Rosenau recalls, “and we were very sure what we were supposed to do with it.”

Index funds are a great way to match the performance of the market. So why do so many investors end up falling short?

There’s an ETF for nearly everything, but good ones are rare.

You’re Not Paranoid. The Market Is Out to Get You.

Richard Whitacre transferred his entire 401(k) into an account offering a ‘guaranteed’ 15.25% return. Will he ever see his money again?

The probes focus on Next Level Holdings and Yield Wealth, which offered investors the promise of double-digit returns.

A look at 10 of the legendary stockpicker’s early investments reveals his diligence, his patience—and his willingness to bet big.

Content oversight and quality assurance provided by Norcal Community Media.

Analysts and market strategists love to predict what markets will do in the year ahead. Don’t let this misguided ritual blind you to what assets are really worth.

After all my years of writing about investing, I had no idea what was going on behind the scenes. I doubt you did, either.