By Dan Wiener
Mutual funds information is released every day, and on October 6, Vanguard launched yet another offensive in the continuing battle over operating expenses and fund minimums, significantly reducing the entry price for a majority of its funds' lower-cost Admiral share class.
Vanguard Lowers the Bar on Admirals
Chasing Value: Here's How to Get a 6.76% Yield
An investment professional was stimulated by yesterday's post Chasing Value: Granny Said, 'It Has Turned into One Big Casino'. She suggested an alternative investment for granny that is simpler and perhaps advantageous for older investors seeking fixed income. Such investors should consider the iShares S&P U.S. Preferred Stock Index (PFF) exchange traded fund for its high yield and simplicity.
While this investment vehicle would not work for my particular "granny" due to her unique circumstances, it might be ideal for many others.
Continue reading Chasing Value: Here's How to Get a 6.76% Yield
Serious Money: Jumpy stock market but Special 'K' doing fine
What a week it was and it is starting off with more of the same! The day before Halloween the market gets spooked. The Dow drops 200 one day, rises 200 the next, and falls 250 to close the week. Yes, financial pundits could point to meaningful stories about the dollars rise, consumer spending sagging, the recession ending and so forth to explain market reactions but there is more to it than that.Even among the 15 positions discussed in Where should granny put $50,000? only the Vanguard Total Bond Market exchange-traded fund (NYSE: BND) and the Kellogg Co (NYSE: K) were up last Friday. Good thing I advised "granny" to put half her funds in the ETF.
Continue reading Serious Money: Jumpy stock market but Special 'K' doing fine
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
