Investing
My Mutual Fund Portfolio
Yesterday, when I was visiting InvestorTrip, I was asked what mutual funds I hold. Actually, my mutual fund portfolio currently has 12 holdings, all of them are actively managed funds. The reason I don't have any index funds in my taxable account is that when I started investing in mutual funds, I didn't really expect [...]
Bogel Said There’s “Trouble in Paradise”
John Bogel, founder of Vanguard and pioneer of index mutual funds, is aiming his firepower at ETFs this time, especially the index and sector ETFs. Of the total asset in all index mutual funds is about $900 billion, exchange-traded funds (ETFs) now take a 38% share.
In an article appeared on Bloomberg.com yesterday, Mr. Bogel, the [...]
China Play: A Comparison of FXI, PGJ, and MCHFX
I have been investing in China for more than three years and the first China related financial product I purchased was Mattews China Fund (MCHFX) held in my brokerage account with Scottrade. I sold all my position at the end of 2003 when Scottrade started to charge commissions for even the non-load funds. Shortly after, [...]
Nortel Consolidated Its Common Shares
When I looked at the quote of Nortel Network (NT) this morning, I couldn't believe what I saw: $20.96 per share, up 875% from yesterday!
What's going on?
Well, nothing much except that now I only own 230 shares instead of 2300 shares yesterday. NT implemented the consolidation today. The reverse split is at a ratio of [...]
From Buy-and-Sell to Buy-and-Hold: Four Years of Trading History
It has been a little over four years since I opened my Scottrade brokerage account and started trading stocks. Back then, I was so excited about making quick money from the stock market that I kept the Scottrade trading window open from 9:30 am to 4:00 pm almost every day and didn't really do any [...]
