Just when we thought we were through hearing about the Wall Street hooligans and their criminal vices our “untouchable” friends at Goldman Sachs made the news twice. The Wall Street Journal revealed that the SEC has found criminal doings at Goldman. With one hand secretly cramming worthless mortgaged backed securities into their valued clients accounts, the [...]
Category Archives: Index Funds
Do Your Homework To Understand Mutual Funds and Their Fees
Tuesday, April 13, 2010
The Supreme Court finally examined the problem with mutual funds with regards to their fees. The result – not much protection for the average retirement investor. The Court decided to rule against further legislation and to keep the onus of fee due diligence on investors. You can imagine that the $11 trillion mutual fund industry [...]
From Warren Buffett: Advice Helpful for an IRA Rollover
Saturday, March 13, 2010
Warren Buffett is our generation’s Benjamin Franklin, a humble billionaire full of great advice, quips and invaluable insights. While he never gives direct investment advice, one can gleen some helpful hints about investing in one’s IRA Rollover account.
To paraphrase Warren, most investors should “do as I say, not as I do.” The world’s greatest investor [...]
An Option for Those Uncomfortable With Stock Picking
Sunday, February 28, 2010
According to a recent survey by AXA Equitable Life Insurance Company, preliminary findings indicate fewer than two in 10 Americans are confident of their ability to invest in the stock market, although 60 percent still believe equities are important in a portfolio.
With such a huge gap between those feeling comfortable investing in stocks themselves and [...]
Active Investing by Money Managers Loses in Risk Study
Friday, January 8, 2010
Sam Mamudi of the Wall Street Journal deservingly poked money managers in the eye with his recent report on how such mangers underperformed indexes in both real and risk adjusted returns as revealed by a rigorous Morningstar study on the subject.
As Mamundi states, “While it has been established that most actively managed mutual funds lag [...]
Stock Picking: In Today, Out Tomorrow — What Is One To Do?
Wednesday, January 6, 2010
Market timing, a well known term learned in Investing 101, is exciting and can be quite profitable yet stock picking is oftentimes very fickle and given how the tide shifts over time is usually not best for one nearing retirement. For beginners to retirees that want to get in the game with owning stocks, buying a [...]
