December 6, 2009
The last lines of Matthew P. Fink’s book, “The Rise of the Mutual Fund” suggest that although he is a “worrier; nonetheless, I am optimistic”. This speaks volumes to the “extraordinary success of mutual funds”. Mr. Fink believes that despite the speculation about the maturity of the industry, it is far from falling from its [...]
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September 26, 2009
Your 401(k) is in trouble. While the concept of a self-directed retirement plan is, at least in theory a good idea, it was never meant to be all there is. So many components go into a the proper operation of such plans, it is hard to get a bead on which move is right and [...]
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What Happens When ETFs are Actively Managed?
July 13, 2010For most of us, the exchange traded fund is an index fund dressed up like a stock. It trades actively on the exchange. Investors can purchase the fund throughout the day and many of these ame investors have found this security a good place to follow trends. My only real concern with ETFs as they [...]