News of real interest.
Evidently, it’s tough to be a stock-picking mutual fund manager today.
The Wall Street Journal reports¹ that investors have shunned actively managed funds, preferring the lower expense alternative of passive or unmanaged funds that replicate such indices as the S&P 500.
Independent research firm, Morningstar, confirms The Wall Street Journal’s assertion by report…Read post
For the first time since 2011 US stock markets experienced a market correction when the S&P 500 dropped 12.5% from its May high to its most recent low on August 25. The S&P 500 ended the quarter down 6.44% and down 5.29% for the year through the end of September. Most other major indices were down as well, with many suffering quarterly losses in excess of10%. Equities in emerging markets e…Read post
As consumers we are constantly asking ourselves if the value of a particular product or service warrants its cost. Some products and services are relatively easy to quantify and others much more difficult to assess.
When considering the engagement of a wealth management firm, how do you determine if the value of an advisor justifies the cost – or if you are better off just handling …Read post
Long gone are the days when identity theft was confined to a poorly crafted email from a Nigerian prince offering you riches. Today, your sensitive information is at risk every time you swipe your credit card, access public Wi-Fi, file a tax return, or entrust your data to a third party. There is no perfect defense against identity theft, but like getting a flu shot or buckling your seat belt, you…Read post