Mutual fund
Fidelity to Reopen Contrafund and Low–Priced Stock Fund
Nowadays, you can buy lot of quality stocks such as GE (GE), Alcoa (AA), Microsoft (MSFT), or eBay (EBAY) at very low price after relentless selling on the Wall Street all year long, if you have the stomach for short term volatility. For these stocks, you will have to go back 10 or even 20 [...]
Vanguard and Oakmark Reopen Good Funds
The year-long market turmoil has taken its toll on mutual funds, good and bad alike. Mutual fund companies saw their funds’ assets shrinking fast, not just because of the decline of the values of the fund’s holdings, but also the result of investors fleeing the fund when the performance suffers even if the fund is [...]
Can Dodge & Cox Bounce Back?
For some time, Dodge & Cox funds, especially the Stock Fund (DODGX) and International Stock Fund (DODFX), were my favorites. DODGX was one of the first funds I bought when I started to investing in mutual funds 6 years ago (I am still buying it every month) and DODFX was once the performance leader among [...]
Washington Mutual’s Failure Hurts Some Mutual Fund Investors
On September 25th, Washington Mutual (WM), the Seattle based loan and savings giant, was seized by the FDIC after depositors withdrew more than $16 billion from the bank in 10 days over concerns that the bank, unable to find a buyer quickly (the talks and rumors on potential buyers have been going on for a [...]
U.S. Treasury to Guarantee Money-Market Funds
Yesterday, I talked about why money-market funds may not be as safe as you think, after The Reserve Primary Fund cut the NAV of the fund from $1 to 97 cents. Even though money in mutual funds (money-market funds are mutual funds) are not insured or guaranteed by the government, the nature of the investments [...]
Money-Market Funds May not Be As Safe As You Think
Yesterday, another piece of big news was that The Reserve Primary Fund (RFIXX) announced it cut the money-market fund’s net asset value (NAV) to 97 cents from $1.00, a news that surprised and shocked many, especially those invest in the fund (CNBC). The reason the fund decided to reduce the NAV by 3 cents, also [...]
Is Small-Cap Making a Comeback?
About a year ago, I looked at the performance of small-cap funds and compared it with S&P 500. The topic interested me because I am a fan of small-cap funds and have been buying them since I started investing in mutual funds. The last time when I checked the asset allocation of my portfolio, small-cap [...]
Commodities Make It and Commodities Break It
It was not long ago when everybody was talking about $200/barrel oil and $5/gallon gas and how the energy price could affect the economy, which is battling a possible recession, and consumers, who have already been strained by high cost of living these days. From food to health care to tuition, prices just kept going [...]
10 Hottest Mutual Funds in 2008
Check out these hot mutual funds ranked by net cash inflows by Morningstar. But a hot fund may not be a good fund for your portfolio.
Last week, Morningstar, the fund research firm, published a list of 10 mutual funds with highest net inflows in the first half of 2008. Given how much the stocks have [...]
ShareBuilder Starts to Offer ING Funds
ShareBuilder continues to make changes after being acquired by ING.
ShareBuilder today announced that it now allows investors to buy mutual funds through it’s automatic investment plans. ShareBuilder is one of the popular discount brokers which offers investors to buy stocks at dollar amount rather than share amount at $4.00 commission. The new service makes 20 [...]
