From the front lines of the housing bubble, and direct from the father of Cale in the Keys, here is an update on the Key West real estate market. Dad doesn’t know I posted this, but he’s been putting these reports out every month for ten years and he’s got quite a following among the […]
Kiplinger’s reports that expense ratios for stock mutual funds are rising, despite a horrific year of performance for most funds. As described in the article, when assets in a fund fall below certain “breakpoints,” management fees as a percentage of assets increase. So it could very well be the case that you, my dear mutual […]
Read something interesting lately? Post it in the comments or send it in. Why I Fired my Broker. The intro says it all: “With his 401(k) in ruins, our correspondent visits investment gurus, hedge fund managers, and a freakish Arizona survivalist with one question in mind: How can the ordinary investor recover?” Sent in from […]
Jonathon Jarvis has put together a great overview of the credit crisis in a way that everyone can understand.
Good overview last night on 60 Minutes of how 401(k) investors have been chronically disserviced by the mutual fund industry.