Tag Archives: Wall Street

Create Your Own Convertible

I don’t mean building a car – see this guy to do that. I’m referring to a bond that can be converted into stock. Convertibles are hybrid securities with the features of both stocks and bonds. They usually have lower … read more…

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Build Your Own Annuity. Please.

Annuities seem to be enjoying a resurgence lately, thanks to the bear market. That’s a shame. Many companies sell annuity products that are so costly in terms of fees and penalties that they seem better suited for funding the salesperson’s … read more…

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This Week’s Sign the Lunatics are Running the Asylum

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 … read more…

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