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Excerpt: Diversify your investments (CNN)
You've probably heard so much about mutual funds that even if you don't own any, it's likely that you know what they are and how they work. But just to clear up any misconceptions and to make sure we're all starting on the same page, let's quickly go over a few of the basics. | Madoff's Closed-End Funds Sink (TheStreet.com)
The alleged fraudster invested in some funds that lost more than half their value last year. | Best Buy Leads Retail Sector Gain (Fox News)
Best Buy Leads Retail Sector Gain | Succumbing to panic, institutional and retail investors frantically pulled out money from the stock market and mutual ... (India Infoline)
When the Wall Street was breached, the Indian bourses had to battle a tsunami. Succumbing to panic, institutional and retail investors frantically pulled out money from the stock market and mutual fund schemes. The result was an unparalleled liquidity crisis in the equity market. | A Taxing Situation (IndexUniverse.com via Yahoo! Finance)
The tax ramifications of actively managed mutual funds is the reason why famed fund manager Ted Aronson prefers to stick to index-based portfolios.One of the first money managers I interviewed whil... | Personal Finance Daily: Most investment predictions deserve a Bronx cheer (Market Watch)
Unless we vault back into stocks and leap to grad mutual funds and ETFs again, Wall Street is not going to make any money in 2009. So it is in the self-interest of the financial-services industry to make lots of positive statements, to keep our spirits up and the funds flowing into their products and our fees flowing into their pockets. | Investors to Buy IndyMac for $13.9 Billion (New York Times)
A seven-member group of investors has formed to buy the remnants of a failed lender, IndyMac Bank , for $13.9 billion, federal regulators confirmed Friday. |
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