July 25, 2010
Exchange Traded Funds or ETFs, those index funds that mimics those of the mutual fund world that trade openly on the stock exchange throughout the day have made investors who don’t use them wonder if they are missing something and those that do, want the F in ETF to stand for free. But they only [...]
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July 24, 2010
The line in the Vanguard press release dated October 6th, 2009 offered the following: “We also caution against using short-term performance figures—however attractive—to guide your investment decisions.” Why would they say such a thing after the run-up, that even they suggested was, too-far-too soon? And could the worry that this short-term outlook would tempt the [...]
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Euphoria and Fear: New Rules for Wall Street
July 1, 2010Could capitalism be the least worst? At the heart of the recent effort by the government to try a create a system within a system that helps (us) and punishes (them), the point of what happened to Main Street was not completely Main Street’s fault. Nor was it Wall Street’s. Alan Greenspan, appearing on CNBC [...]