Since I’ll be traveling most of this weekend, I won’t be able to post this Sunday. Regular posting will resume on Monday when I return to the office.
Wealth Destroyers
MarketWatch had this to say in “Wealth creators vs. wealth destroyers:” To learn that your mutual-fund firm’s lineup posted negative returns over a decade is one thing; to realize that almost $60 billion of investors’ wealth was wiped out is another matter entirely. That’s what happened at Janus Capital Group Inc. from 2000 through 2009. The fund giant’s offerings collectively …
No Load Fund/ETF Tracker updated through 3/4/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA better than expected unemployment report pushed the major indexes higher with the S&P; 500 gaining 3% for the week. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +4.91% keeping the current buy signal intact. The effective date was June …
Running Out Of Steam
In an almost identical performance from the prior trading day, the early rally attempt on Wednesday was rebuffed, and the major indexes ended up essentially unchanged. For the time being, it seems that selling sets in when the S&P; 500 moves to its resistance level in the 1,125 area. Even decent economic news could not prevent the slide. Maybe it’s …
Will Gold Be The Next Bubble?
If you believe the heavy hitters of the investment world, gold could be the next bubble as “Soros Signals Gold Bubble:” George Soros is helping drive up gold prices by doubling his bet in a market even he considers a “bubble” as Goldman Sachs Group Inc., Barclays Capital and HSBC Holdings Plc predict more gains before it bursts. Soros Fund …
10 Rules For Buying ETFs
I came across this article titled “The 10 Rules You Need to Know Before Investing in ETFs.” While most are well known, I was surprised to see rule # 8 “Have an Exit Strategy;” What would cause you to change your mind and re-evaluate your position? Is the reason you purchased the ETF still valid? Have the fundamentals changed? Have …