Archive for the 'Mutual Funds' Category
Is your money market fund safe?
Bankrate.com reports that money market funds’ exposure to subprime mortgages is creating the riskiest climate for these supposedly safe investments since the 1994 derivative crisis. Peter Crane, a money market fund expert, ranked the 1994 crisis as a 10 on a scale of one to 10, and ranks today’s…
North of the border: Best funds to invest in Canada
“One of the best way to capture lower-risk commodity exposure is through funds that invest in Canada,” says Mark Salzinger, noting “Much of Canada’s economy is tied to natural resources.”
In his The No-Load Fund Investor, the long-standing fund expert looks to two ways to invest north of the …
Will ETFs of ETFs prepare ETFs better for small investors?
The Wall Street Journal reports that PowerShares Capital Management LLC (subscription required) has “filed with the Securities and Exchange Commission for three new exchange-traded funds that will hold different combinations of other PowerShares stock and bond ETFs.”
Here’s why that is good f…
Mutual fund investors getting more help from the SEC?
Today’s Wall Street Journal reports that The Securities and Exchange Commission (SEC) voted unanimously to consider changes to help investors compare choices in the nearly $12 trillion mutual-fund industry through use of summary info. Here’s a link to the actual press release from the SEC itself…
More money market funds seek protection
Earlier in the week I talked about action some money market funds were having to take to protect their value and avoid having to “break the buck” thanks to the problems in the mortgage market. The Wall Street Journal reports nowadays that the number of money market funds admitting to trouble is …
How to tell whether to move out of your money market fund
Recently I have posted about the problems facing some money market funds. Most society think of them as safe places to park the money they really need to let them sleep at night. But that thinking is an illusion — that’s considering money market funds are not guaranteed by any government body as ba…
Mutual funds’ biggest losers
Kiplinger created a hall of shame for mutual funds and you should definitely check it out to be certain you don’t own one of these duds. You additionally want to be certain you don’t buy any of them in the future. While some fund directors may get the tip and even find a good manager, the fact that …
Money market funds taking action to avoid downgrades
Three weeks ago I warned that you should review the holdings of your money market funds considering they could be exposed to the mortgage mess. Well nowadays the Wall Street Journal reports that several money market funds are taking action to shore up their holdings [subscription required] consi…
Moody’s estimates loses based on risky mortgages could reach $225 billion
Been wondering how much risky mortgages could cost bondholders? Mark Zandi, an economist at Moody’s, set a price tag of $225 billion in losses, according to today’s Wall Street Journal(subscription required). By his calculations, there are $2.45 trillion (yes that’s trillions) in particularly risky …
Moody’s estimates losses based on risky mortgages could reach $225 billion
Been wondering how much risky mortgages could cost bondholders? Mark Zandi, an economist at Moody’s, set a price tag of $225 billion in losses, according to today’s Wall Street Journal(subscription required). By his calculations, there are $2.45 trillion (yes that’s trillions) in particularly ri…
Let hedge funds manage taxpayer money?
In a New York Times column dripping with sarcasm, the brilliant Ben Stein wonders whether we should give top hedge fund managers some taxpayer dollars to manage:
Supposedly, a number of wizard managers consistently earn more than 40 percent a year for their hedge funds. Yes, I know that that …
