If you had been given proper advice and direction as a 20-year old, opened a retirement account and never let any earthly desires interfere with you maximizing your contributions for the next 45 years, you would be a happy 65-year old sitting on a portfolio worth several million dollars. Unfortunately, life does not work that way for most of us. …
No Load Fund/ETF Tracker updated through 7/5/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDespite higher oil prices and interest rates, a well received unemployment report supported the major average during the last trading day of the week. Our Trend Tracking Index (TTI) for domestic funds/ETFs is now positioned +4.28% above its long-term trend line (red) as the chart below shows: The international index has …
Investment Methods: Indexing vs. Actively Managed Funds—Part II
Just found a story in MarketWatch titled “An active manager can offer protection,” which features an interview with Dan Wiener, editor of the Independent Advisor for Vanguard Investors. It’s a rehash of the battle of the indexing folks against those preferring to use actively managed funds. Dan said that “fund buyers should be looking first for great management — and …
Happy 4th of July: No Load Fund/ETF Winners and Losers
As per request, I have updated the ETF Master List midweek to give you a glance at those ETFs which have performed well enough to create their own fireworks. FXI still tops the list with a 4-week performance of +16.17%. Year-to-date it’s up +20.21%. The bottom of the barrel is natural gas (UNG) with a 4-wk loss of -17.81%. Forbes …
No Load Fund/ETF Investing: Identifying A Weakling
I just found this story called “Utilities, REITs losing luster,” which features some of those sectors that have been the strong men over the past few years, but have lost their upside momentum.I am talking about all REITs and Utilities; no matter whether you hold them as ETFS or no load funds. If you read my weekly StatSheet on a …
No Load Fund/ETF Investing: The Ignorance Of Forecasting
Reader Bill e-mailed a feature story in MarketWatch called “Get set for lower long-term stock returns” featuring quotes from Paul McCulley, who is the managing director at PIMCO, the bond guru firm.He said that “stock returns will be lower for the next 25 years than they were in the last quarter century and investors must adjust their expectations to lower …