Accumulating wealth is like building The Great Wall, one brick at a time
Category: InvestingBy Sun on Jan 4, 2008 in Stock, Investing | 3 Comments
I don’t know exactly when the worst ever start of the year was, but from the available data since 1928, the return of the first three days of the Dow in 2008 seems to be the worst since 1929. In the first 3 trading sessions of 2008, the benchmark lost a total of 464.64 points. […]
By Sun on Dec 29, 2007 in ETF, Investing | 3 Comments
On December 17th, Vanguard launched three new Mega ETFs:
Vanguard Mega Cap 300 ETF (MGC): Track MSCI Large-Cap US 300 Index
Vanguard Mega Cap 300 Growth ETF (MGK): Track MSCI US Large-Cap Growth Index
Vanguard Mid-Cap Value ETF (VOE): Track MSCI US Large-Cap Value Index
All three funds have an expense ratio (ER) of 0.17%. According to MSCI, the […]
By Sun on Dec 27, 2007 in Brokerage, Investing | 3 Comments
I took advantage of the $100 bonus offer from OptionsXpress last week and opened an account for myself. The process is quite simple, taking only several minutes to complete. What appeared to be a little bit concern was that when I set up the ACH transfer, it asked me the method to verify my identity, […]
By Sun on Dec 27, 2007 in Brokerage, Investing | 2 Comments
I have been a loyal customer for Scottrade for more than 5 years. Though I have opened a number of brokerage accounts during that time period, Scottrade remains my primary broker holding most of our investable assets. There are reasons for me to stick with Scottrade.
Last week, Scottrade informed me that they are launching a […]
By Sun on Dec 24, 2007 in Mutual fund, Investing | 0 Comments
Investors will soon be able to invest in Oakmark’s two international funds again.
I received an email from Oakmark Fund yesterday which announces that two previously closed international funds, International Fund I (OAKIX) and International Small Cap Fund (OAKEX) will re-open to new investors on January 2, 2008.
Both funds are managed by David Herro, who was […]
By Sun on Dec 19, 2007 in Stock, Investing | 4 Comments
At first, I was very excited when Alibaba.com announced its IPO on the Hong Kong Stock Exchange in early November, but then only to be disappointed by a regulatory procedure which blocks any purchase by US investors of any foreign IPOs within the first 40 days of trading. At that time, I thought I […]
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