Kickstarter - A New Way To Fund Ideas and Endeavors
2009-11-12 14:00:00 There’s a common theme that seems to apply to more than one conversation we’re having around the office of late: community funded projects. You’ll be hearing quite a bit about this from us in the coming weeks.* Right now though, I thought I’d share a recent discovery, Kickstarter. I love the way they introduce themselves: We believe ...
By: The Paragon Muse
Narayan Murthy Turns VC – Sells Infy Stock To Launch VC Fund
2009-10-23 07:41:00 We reported how the VC investments in India had nose dived in the last quarter and though it was slightly better on quarter on quarter growth no of VC invetsments were dismal. If one went deeper they were very dismal in seed and early stage investments. Well now all that might improve for sure as one of India’s leading icons of IT Services industry Mr.Narayan Murthy has just sold stocks he held in Infosys to launch a VC fund. Murthy has offloaded 800,000 shares from his personal holding, to raise about Rs 177 crore. This offloading led to a decrease in Murthy’s holding in Infosys from 0.41 per cent from 0.55 per cent. Though overall Murthy and his family still own about 4.83 per cent valued close to Rs 6,200 crore. What kind of companies will this fund invest in? The Fund will invest in young entrepreneurs and would be focused on India. No specific vertical has been specified yet. Great news for Tech entrepreneurs? Given Mr.Murthy’s tech background and also his or...
By: WATblog
You Need To Start An Emergency Fund...TODAY!
2009-09-21 16:14:00 Major expenses have a way of coming along when you least expect them. A leaky roof. A sudden illness. A furlough or job loss. Such events can leave you scrambling for cash at a moment's notice.That's why you need to have an adequate emergency fund?an account apart from your regular savings that you can reach quickly when you need to. Having a "rainy day" account will save you from having to dip into your retirement savings and other long-range investments, or taking on high-interest debt.A common rule of thumb is to set aside enough for three to six months worth of living expenses. However, given today's uncertain economy and job market, you may want to stash away even more.So how do you figure the amount you'll need to stock away?First, add up your fixed monthly expenses?the ones that don't change from month to month. Include your mortgage and/or rent payments, insurance premiums, and property taxes. Then add in the average monthly amount of your variable expenses, including g...
Krenov Scholarship Fund Drive: We Donate $5 for Each Comment + Newsletter S
2009-09-21 15:37:00 Krenov’s passing has shaken the woodworking world, and shown us at ToolCrib.com the impact he had on thousands upon thousands of woodworkers. If you’d like us to donate $5 to the College of the Redwoods scholarship fund on your behalf, do two simple things: 1) Leave a memory-of-Krenov comment on this post. 2) Sign up for the ToolCrib.com ...
African Grants: Hivos Culture Fund
2009-09-19 21:37:00 The Hivos Culture Fund, set up in 1995, supports independent artistic initiatives in developing countries that are accessible for a wide audience and have national and international appeal. The Hivos... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Indonesia Fund (IF): 'Hidden gem'
2009-08-28 13:00:00 "Indonesia, a long time favorite, is often overlooked by even savvy global investors," says Carl Delfeld. In Chartwell ETF Advisor he calls Indonesia Fund (NYSE: IF) a "hidden gem.""This year, Indonesia is one of the best performers in the world with a growth rate just a bit behind China. Other attributes are its rich natural resources, less reliance on exports relative to its neighbors, and its growing consumer class which fuels 65% of GDP."Other positives are its appreciating currency and strong banks. Jakarta’s banks are among Asia’s best-capitalized banks. Then there is political stability."Susilo Bambang Yudhoyono, re-elected last month as Indonesia’s president, expects faster growth next year and a narrowing of the country’s budget deficit alongside a likely increase in inflation."Indonesia has been less affected by the global slowdown than many thanks to relatively sturdy domestic consumption, due in pa...
Fund scandal clips North Shore
2009-08-25 16:16:00 When the economic tide goes out, all sorts of nasty stuff washes up on shore, and lots of boats get stuck in the mud. Accounting fraud, executive looting and investment scams are easy to get away with when everybody's making money. But when the music stops, things get ugly. So it goes in this tale of a former Continental Bank executive and Winnnetka resident who's accused by the feds and a bunch of rich Chicagoans (among others) of defrauding the investors in his $500 million hedge fund....
Morningstar?s New Mutual Fund Quote Looks Good
2009-08-11 02:44:00 I have mentioned a few time in the past that Morningstar is my primary tool when it comes to mutual fund research because, as far as I can tell, it has the broad coverage or mutual funds with the most comprehensive data of a fund. I even wrote about how to use Morningstar to research ...Original Post on The Sun's Financial Diary Special bonus offers Citi Forward Card 11,000 Bonus ThankYou Points Lending Club $25 Sign Up Bonus TradeKing $50 New Account Bonus in August Morningstar’s New Mutual Fund Quote Looks Good
Join the Jimmy Fund Team. Strike Out Cancer.
2009-08-05 00:40:00 The annual Jimmy Fund Telethon will be taking place at the end of this month on August 27th and 28th. The Red Sox and the Jimmy Fund have been a great team since 1953 where Ted Williams was one of...
By: SawxBlog.com
John Chow Sells Blog to fund Whale Foundation!
2009-08-02 14:17:00 Yeah, you’re reading right, John Chow has just sold his blog to Fund a Whales Association close to his heart! I cannot believe what has just happened…I feel like crying right now! Well to be honest I’m not 100% sure but that’s what I was told on DigitalPoint? – then I thought I’d better get an ad deal because the hype will be to good to miss..right? I was just on MSN to John Chow trying to sort out an Advertising Deal and his deals are not cheap by the way. $500 for 125 advert is a lot but the traffic he gets which is mostly targeted to people wanting to make a living online is a fair price I guess…anyway I was going backwards and forwards with him saying do me a yearly deal. This would have been a cool $6k per year which I think I was willing to pay but oh no John Chow the man offered me a deal…he said if you can rank higher than me for the term John Chow in Google US I will let you have the advertising spot for NOTHING for the who...
Jimmy Fund Fantasy Day, Red Sox Stumbling, John Smoltz Sucking, and Jawa's
2009-07-23 06:27:00 The Good Derek announcing at Fenway Park during Jimmy Fund's Fantasy Day. (SawxBlog Photo - K. Chandler) SawxBlog was lucky enough this past weekend to participate in the Jimmy Fund?s Fantasy Day at Fenway Park. Kris and I represented SawxBlog...
By: SawxBlog.com
Chicago Spirit Brigade SHATTERS fund raising records!
2009-07-08 19:00:00 The Chicago Spirit Brigade with Nettlehorst Elementary Students The Chicago Spirit Brigade (CSB) announced that during the 40th Annual Gay Pride Parade recently held in Boystown that they broke all previous fundraising events. CSB, in it's 6th year, has always passed the bucket during their performances to collect money for an organization that supports the LGBT community. ...
Inventus Capital to Fund Redbus.in
2009-07-07 08:45:00 We’ve blogged about redbus.in earlier, and kept you updated on redbus.in and other developments in the non-air travel ticketing sector. Redbus.in is a travel-based startup by young entrepreneurs from BITS-Pilani. Networking with travel-agents and bus service providers across the country, Redbus.in revolutionised bus booking facilities, with Redbus.in offering options to book via credit card or cash, online or offline, among others. Booking via SMS and GPRS has also been introduced. In a recent interview posted on chubbybrain.com, the CEO, Phanindra Sama said that they also aim to target non-Internet users. They do this by providing technology support to bus-ticketing operators who manage heavy volumes. They provide inventory-management SaaS (Software as a Service) to such operators and take a cut on the larger transactions. Pilani Soft Labs Pvt Ltd, the company behind bus ticketing service redBus, has raised second round of funding led by Inventus Capital Partners. Seedfund, ...
By: WATblog
City To Plunder Parking Meter Rainy Day Fund
2009-06-27 05:24:00 No one could see this coming. Can you see the look of abject surprise on my face? Don't confuse this look with either boredom or sleepiness or apathy. I always look this way when something shocks me like when the Daley Administration says they have to dip into the $320 million, rainy day fund established when the city got their $1.15 billion for leasing the parking meters. Can you believe it? The city can't balance the budget. There's a budget shortfall. Wow. I've been jolted into a coma. Clout Street has all the details from Friday afternoon....
Birla Sun Life Mutual Fund Launches Online SIP Platform
2009-06-18 07:11:00 Birla Sun Life Mutual fund has taken their SIP scheme Online. This would enable users to buy and manage SIP through their site. This launch of Online SIP would create a trend for other financial houses to follow suit. Mutual Fund SIP (Systematic Investment Plan) is a monthly based investment plan through which an investor could invest a fixed sum into mutual funds every month at pre-assigned dates. This hedges the investor from market volatility and derives maximum benefit as the investment is done at regular basis irrespective of market conditions. Investors will be able to make new SIP purchases, renew their SIP on a month-by-month basis and cancel their SIP enrollment online. The service currently supports Citi, ING and Axis bank and may support other banks & payment gateways in future. According to Mr. Anil Kumar, CEO, Birla Sun Life Mutual Fund,“ We have witnessed a 250 per cent jump in the total number of SIPs registered with Birla Sun Life Mutual Fund in the previous...
By: WATblog
Randolph, head of Marine scholarship fund, dies
(AP)
2009-05-28 18:36:00 AP - Christopher F. Randolph, a Vietnam veteran who served as president and chief executive of a foundation that helps the children of Marines go to college, has died. He was 64.
Will California Democrats Ask Obama to Help Fund Failure?
2009-05-21 05:07:00 In the wake of the failure of the five finance measures on California’s ballot yesterday, George Will forecasts further decline for the Golden State: Now California’s mostly Democratic political class will petition Washington for a bailout to nourish the public sector that is suffocating the state’s dwindling — and departing — private sector. The Obama administration, ...
By: GayPatriot
China Fund (CHN): Assessing China from within
2009-05-14 06:00:00 "The Greater China region covers an area which encompasses Taiwan, Hong Kong and Macau and is home to over 4,100 companies," says Nick Lanyi.In his High Yield International, he suggests, "Research in this part of the world can be difficult for U.S. investors (who don't even speak Mandarin) to separate the good from the bad. That's where The China Fund (NYSE: CHN) comes in.""Chris Ruffle and his team at Martin Currie, a Shanghai-based investment firm, have a dozen dedicated China analysts that comb the country's 32 provinces for investment ideas."In fact, management conducts over 1,000 company visits each year and won't invest a single penny without personally checking out an operation first-hand."The managers at the China Fund avoid inefficient, state-owned enterprises and place special emphasis on smaller entrepreneurial companies with promising growth trajectories. So the portfolio is full of future stars."But you'll...
Best bond fund bets
2009-04-24 06:00:00 "We see some opportunity in investment-grade bonds as well as in junk bond," says Nilus Mattive, who adds, "In his Dividend Superstars, he looks at two income funds from Vanguard."The concern about investment grade bonds -- debt carrying ratings of BBB or higher from S&P and Baa or higher from Moody’s -- is that an all-out Armageddon scenario will punish all companies, even the very strongest. "With some forecasts calling for more defaults in 2009 than we saw during the height of the Great Depression, I can see why! "At the same time, when I survey the landscape, I see some decent risk-reward scenarios. For example, I am an unabashed fan of Vanguard’s low-cost funds, and when I look at the Vanguard Intermediate-Term Investment Grade Bond Fund (VFICX), I am intrigued. "At the end of February, 22.6% of the fund’s holdings held the highest rating of Aaa! Another 50% had at least one ‘A’ in their rating. &quo...
Smith, Upstate Senators Call On Governor To Release Regional Blueprint Fund
2009-04-13 19:45:00 When the Upstate Revitalization Plan was first set up by Eliot Spitzer, that plan for upstate included a Regional Blueprint Fund. When the plan proposed by Spitzer was $1 billion, the Regional Blueprint Fund made up nearly one-third of the plan, a total of $350 million, that would be used ...
By: BuffaloPundit
Fund expert seeks high yields with less risk
2009-04-01 15:00:00 "Given recent disdain for risk, high-yield corporate bonds trade at considerable discounts to their par values and offer sizeable yields," explains fund expert Mark Salzinger.In his The No-Load Fund Investor, he looks at two relatively conservative income choices: Fidelity Floating Rate High Income (FFRHX) and Fidelity Strategic Income (FSICX)."We have taken this as an opportunity to add high-yield bond exposure to many of our model portfolios, believing that the generous yields now compensate for the extra risk."Fidelity offers two bond-fund offerings that are less risky than pure high-yield funds yet still offer significant yield spreads over investment-grade bond funds, especially Treasury funds. "So, to decrease your risk at the cost of modestly lower income and total-return potential, consider one of the funds discussed below."Fidelity Floating Rate High Income invests in senior secured loans issued by banks usually to below-investment-grade c...
Chicago Glitterati to Host Fund-Raiser for Former Union Boss with Reputed M
2009-03-24 00:15:00 Sneed of the Chicago Sun-Times reports: Former union boss Bill Hogan is going to get some help paying staggering legal bills from a federal legal battle.To wit: A host of Chicago glitterati are...
Join Red Sox Pitcher Jon Lester and the Jimmy Fund in the Rally Against Can
2009-03-08 22:08:00 *SawxBlog Note: Having lost my Mother to cancer, the below is very relevant to me, and as we all know, the Jimmy Fund and Dana-Farber Cancer Institute is a great cause, and something we can all rally behind. *When the...
By: SawxBlog.com
The Venture Capital Fund Structure
2009-02-19 23:55:00 Private Equity funds (including Venture Capital funds) are largely structured under a “2 and 20″ business model. This will run through a quick example about how it works from the Limited Parter and General Partner perspective. Limited Partner (LP): Invest money in the fund and include: pensions, investment managers, high-net worth individuals, etc. General Parter (GP): Select companies for investment and manage the portfolio until exit is realized (IPO, strategic sale, recapitalization) The 2/20 model says that the GPs receive a 2% management fee on committed capital (in this case, $100m) and 20% of any realized capital gains. The LPs, on the other hand, invest $100m into the fund and receive their initial investment plus 80% of the gains. These percentages can change, but they are fairly standard in the industry. The management fee is used to keep the lights on and pay salaries (supposedly) and the “carry” or 20% gains is the profit share. Now, in our exa...
Save your money, don’t fund Uwe Boll’s next film.
2009-02-17 10:33:00 Uwe Boll is asking his fans (he actually has them) to fund his next dud, I mean movie Blackout. For $49 you get a free DVD and a chance to be entered in a raffle to go to one of the filming locations. Which sounds like that costs more than than he is getting. I would ...
Osian?s Art Fund Emerges as High Yielding Asset Class in Global Meltdown -
2009-02-13 05:14:00 Osian?s Art Fund Emerges as High Yielding Asset Class in Global Meltdown - artmarketblog.com Osian?s, today presented the 5th Six Monthly Disclosure Report (10 July 2008 - 9 January 2009) on behalf of the privately placed closed-ended Osian?s Art Fund (OAF). The Report establishes that the Osian?s Art Fund is one of the few investments providing ...
By: Art Market Blog
You Need to Know Your Mutual Fund
2009-02-10 19:11:00 There are some basic things you should know about mutual funds in general and about the specific fund in which you are about to invest. Mutual funds with a bad track record are dissolved. The fund assets are absorbed by another fund and the fund manager is given a new fund to manage. Also, an average fund manager has limited experience.A mutual fund company does not want to keep a poorly performing fund in its fund family for very long. A poor performer brings down the average performance of its funds. Also, when the financial media makes comparisons between funds in the same fund category, new assets go to the best performer rather than to one near the bottom of the list. For example, if you were looking at the relative performance of 50 large-cap growth funds, and saw that fund ABC returned an average of 19% a year for the last 5 years and that fund XYZ had lost 2% a year over the same period, where would you invest your money? The company that owns XYZ would not be blind to the f...
By: definition bonds
THE FRESH AIR FUND IS SEEKING COUNSELORS FOR THE SUMMER OF '09
2009-02-04 18:14:00 The Fresh Air Fund is now accepting applications for counselors for this coming summer of '09. They hire staff members with a wide range of interests and experience in some pretty diverse fields including but not limited to environmental science, culinary arts, fashiondesign, orienteering, leadership, video editing, digital and dark room photography, ropes course, nutrition and agriculture.
US Professors Attacking Israel and YOUR Tax $$ Fund It
2009-02-01 14:23:00 -By Warner Todd Huston Sadly, we are used to the anti-Semitism of Europe. After all, that is where anti-Semitism has historically thrived in a most virulent form and does still today. We are also used to the Jew hatred of the illiterati of Europe’s universities having seen so often the petitions they’ve raised to denounce Israel ...
By: Publius Forum
Fidelity fund favorites
2009-01-12 06:00:00 As his top pick for 2009, Jim Lowell (http://www.thestockadvisors.co-m/ccount/click.php?id=2686) -- in his Fidelity Investor (http://www.thestockadvisors.co-m/ccount/click.php?id=2686) -- opts for a pair of funds that together offer broad market coverage: Fidelity Focused (http://www.thestockadvisors.co-m/quote.htm?sym=ftqgx) (FTQGX (http://www.thestockadvisors.co-m/quote.htm?sym=ftqgx)) and Fidelity Low-Priced (http://www.thestockadvisors.co-m/quote.htm?sym=flpsx) (FLPSX (http://www.thestockadvisors.co-m/quote.htm?sym=flpsx))."These- two fund pick reflect a balanced mix of both offense and defense -- using two managers with decidedly different approaches and investment styles."At Fidelity Investor we always 'Buy the manager, not the fund!' Our proprietary manager rankings consistently list Stephen DuFour -- manager at Fidelity Focused Stock -- as a top ranked stock picker (based on his ability to persistently lose less in the downdrafts and consistently outperform on the upside)."...
CGM Focus Fund: The Extreme Makeover
2009-01-08 20:53:00 Original Post on The Sun's Financial Diary CGM Focus Fund: The Extreme Makeover Original Post on The Sun's Financial Diary CGM Focus Fund: The Extreme Makeover A couple of days ago when I reviewed our 2008 passive income, I mentioned that CGM Focus Fund (CGMFX), which used to generate a large amount of annual capital gain/dividend in the past, only brought in this year a fraction the dividend it brought ...
Coalition Urges Congress to Fund Jobs for Conservation Projects
2009-01-08 19:37:00 More than thirty conservation groups comprising the Cooperative Alliance for Refuge Enhancement (C.A.R.E.) - representing more than 14 million Americans - have asked members of Congress to ?support funding for habitat conservation and associated green infrastructure within the economic recovery package being considered by Congress and the incoming Administration.? One billion dollars in funding is being ...
Fund expert's top ETF duo
2009-01-08 06:00:00 "As we head into 2009’s turbulent waters, it will take two oars to keep a straight course; as such, for my top pick for 2009, I am selecting a pair of ETFs," notes fund expert Jim Lowell (http://www.thestockadvisors.co-m/ccount/click.php?id=2687).In- his Marketwatch ETF Trader (http://www.thestockadvisors.co-m/ccount/click.php?id=2687), the advisor explains, "iShares Dow Jones U.S. Total Market (http://www.thestockadvisors.co-m/quote.htm?sym=iyy) (ASE: IYY (http://www.thestockadvisors.co-m/quote.htm?sym=iyy)) covers the market broadly, while WisdomTree International Small Cap Dividend Fund (http://www.thestockadvisors.co-m/quote.htm?sym=dls) (NYSE: DLS (http://www.thestockadvisors.co-m/quote.htm?sym=dls)) has a more focused manner.""Buying the broader market in 2008 was a sucker’s bet; make that a sucker punch. But in 2009, it’s neither an act of courage nor a fool’s errand to ‘buy the market’."After all, the likelihood of the markets selling into oblivi...
Let’s Save the Lawton Chiles Endowment Fund
2009-01-06 18:53:00 The Florida Legislature got together in Tallahassee yesterday to address the state’s budget crisis. Some state leaders have suggested we tap into the Lawton Chiles Endowment Fund in order to balance the budget. Ummm. No. Remember back when Florida settled with the tobacco companies? The state used some of the proceeds to create the Lawton Chiles Endowment Fund and for ten years now this fund has provided critical funding to help our children and the elderly. Last year, lawmakers gave Governor Crist the ability to use $354 million and now the Governor is thinking about taking $600 million from the fund. Again. Ummm. No. Thanks to the brilliance of Wall Street, the fund has lost nearly half of its value and the state would have to sell securities at dramatic losses in order to get its hands on the fund’s principal. The fund would never recover from such a loss. It’s no secret that our governor and many legislators don’t care about the children and elderly who h...
Asbestos Claim Fund Set Up By WR Grace
2008-12-29 14:03:00 The company at the center of controversy over its asbestos contamination in the past has agreed to a deal to resolve asbestos related claims by setting up an asbestos claims fund. WR Grace had many lawsuits filed against it over asbestos exposure from Zonolite attic insulation. It filed for bankruptcy in 2001. This insulation was ...
Royal Dutch Shell Pension Fund Scandal
2008-12-26 21:38:00 By John Donovan 26 December 2008 Instead of a happy relaxed Christmas, Dutch Shell pensioners have been faced with the shocking news that their pension fund has plunged heavily into deficit and also has a $45 million exposure to the ?Madoff? fraud. Royal Dutch Shell Pension Fund Meltdown It is revealing to compare that disturbing state of affairs ...
Madoff Fund Manager Commits Suicide
2008-12-24 01:19:00 Bernard Madoff Rene-Thierry Magon de la Villehuchet, who lost around $1.5 billion he invested with Bernard Madoff, has been found dead with his wrists sliced. Their was no suicide note, but authorities naturally believe it was suicide. Rene-Thierry Magon de la Villehuchet, of Access International Advisors, was found at about 8 a.m. Tuesday sitting at his desk ...
Royal Dutch Shell Pension Fund Meltdown
2008-12-21 22:22:00 21 December 2008 By John Donovan On 12 December news surfaced that the Dutch pension fund of the oil giant Royal Dutch Shell is heavily in deficit, with a 40% plunge in value as a result of share market turmoil. A $45 million exposure to the “Madoff” fraud was revealed a few days later following speculation surrounding ...
Bob Barr campaign ends in major debt while his PAC continues to fund Republ
2008-12-05 11:39:00 This was stolen from Last Free Voice www.lastfreevoice.comBob- Barr campaign ends in major debt while his PAC continues to fund Republicans December 5, 2008 by susanhogarth You can look up Barr’s filings here: But just a few notes. He seems to have ended his campaign in major debt - with $38,478.79 cash-on-hand, his debt is $233,327.41. Yes, a quarter-million dollars, about 20% of his total fundraising effort. It’s itemized here, but I’ll also reproduce the itemization: Campaigner Pro 2379 Holly Lane Ste 210Ottawa, ON K1V 7P2, ____ 12 6057.34 Software American Express PO Box 981540El Paso, Texas 799981540 12 44057.28 Campaign Expenses Gillis Express Mailing 9208 Enterprise CtManassas Park, Virginia 201114809 12 433.95 Direct Marketing All Points Packaging & Distribution, In 1650 Marietta Blvd NWAtlanta, Georgia 303183645 12 1149.42 Online Order Fulfillment Press Well Services, Inc. 9204-B Vassau CtManassas Park, Virginia 201114849 12 1756.13 Printin...
Fidelity to Reopen Contrafund and Low?Priced Stock Fund
2008-12-03 21:05:00 Original Post on The Sun's Financial Diary 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. ...
Hispanic Scholarship Fund is Racist!
2008-12-02 12:21:00 So says the illegal alien students at UCLA.Why, you may ask? They discriminate against Whites? They can't stand Blacks? Nothing so mundane.So what diabolical crime did they commit?If you're an illegal alien, you don't get a damned scholarship!Oh, boo hoo!Well, good for them.As of today, I am on record as supporting the Hispanic Scholarship Fund 100%. Surely there are many legal Hispanic immigrants and Hispanic citizens who come from modest means, yet show great promise as potential university students. An organization like this helps poor, bright students to achieve their dreams and be an asset to society in spite of our criminally expensive post-secondary system.
By: Robert Lindsay
$6.7 Million Fund for Orlando: Is That Enough
2008-12-01 15:59:00 The City Council of Orlando is prepared to spend about $6.7 million to help the neighborhoods that has been heavily affected by foreclosures. This fund will be used to resell homes and help people in renting houses. The fund is a part of the Neighborhood Stabilization Program of HUD that has been awarded by the ...
Ventura County Qualifies for $3.8 Million Foreclosure Fund
2008-11-26 13:28:00 Ventura County has been able to get a foreclosure fund aid of $3.8 million. This fund will help a lot the distressed homeowners in fighting with this real estate crisis in their region. This fund is a part of the $4 billion emergency funds of federal housing authorities. It will aid the cities in purchasing ...
Bond fund shorts Treasuries
2008-11-19 06:00:00 "We have made only one long-term investment recently: Direxion 10 Year Note Bear 2.5X Fund (http://www.thestockadvisors.co-m/quote.htm?sym=dxksx) (DXKSX (http://www.thestockadvisors.co-m/quote.htm?sym=dxksx)), which shorts U.S. Treasuries," says Daniel Frishberg (http://www.thestockadvisors.co-m/ccount/click.php?id=2583 ) in Moneyman.com Report (http://www.thestockadvisors.co-m/ccount/click.php?id=2583 )."Here is the strategy behind our investment in Direxion 10 Year Note Bear 2.5X Fund: Interest rates were very low on Treasuries compared to high-grade corporate bonds as panic sets in."All the fear in the market has driven a lot of money into Treasuries . With the flight to quality, money has been flowing into safe Treasuries and the rates have come down as a result."We think that this large spread between the interest rates paid on Treasuries and the rates paid on high-quality corporate bonds (along with municipals & agency bonds) is not sustainable. "Eventually, money will start flow...
Merced County Needs Fund to Fight Foreclosure
2008-11-17 16:08:00 Merced County is one of the hardest hit counties of California. Nearly 25 percent of homes in California are facing a notice of foreclosure on them. The real estate of this county is suffering heavily. It has been put forward by the leaders of the Merced County that the state needs to give a foreclosure ...
Fund expert's top sector bets on Obama
2008-11-07 06:00:00 What sectors are poised to outperform as a result of a Barack Obama presidency? To find out, we turn to fund expert Jim Lowell (http://www.thestockadvisors.co-m/ccount/click.php?id=2540) who recent prepared a report highlighting the top ETFs based on each candidate.In The Forbes ETF Trader (http://www.thestockadvisors.co-m/ccount/click.php?id=2540), he offers several top picks including ETFs that are focused on biotechnology and medical research, industrials, clean environment and clean energy technologies."SPDR Biotech (http://www.thestockadvisors.co-m/quote.htm?sym=xbi) (ASE: XBI (http://www.thestockadvisors.co-m/quote.htm?sym=xbi)) seeks investment results that correspond to the price and yield performance of the S&P Biotechnology Select Industry Index which is made up of the biotechnology sector of the S&P Total Markets Index."It began trading in January 2006. The top ten holdings are Genentech, Amgen, Gilead Sciences, Celgene, Genzyme, Biogen Idec, Imclone, Cephalon, Vertex Pharma...
John Fund on ACORN?s Ohio Vote Fraud
2008-11-03 19:10:00 -By Warner Todd Huston Wall Street Journal mainstay, Jon Fund, has been doing yeoman?s work on vote fraud for years. His work is always not to be missed and today at Politico, Fund has a piece headlined Falsified registrations become votes. It?s another great piece. Fund?s piece takes us on a discovery of vote fraud across ...
By: Publius Forum
Stable income: Bond fund bets
2008-11-03 06:00:00 "To ride out the market storm, while still generating income, we recommend four open-end bond funds," says Roger Conrad (http://www.thestockadvisors.co-m/ccount/click.php?id=2531) in Personal Finance (http://www.thestockadvisors.co-m/ccount/click.php?id=2531). Here's some dividend ideas."Our four funds’ formula is no secret: Managers stick to their specialty, eschew leverage, practice almost extreme diversification, bill only modest fees and impose no sales loads or redemption fees. "All four also stick to generally low duration securities (low interest rate exposure)."The best performer of the four is Vanguard GNMA (http://www.thestockadvisors.co-m/quote.htm?sym=vfiix) (VFIIX (http://www.thestockadvisors.co-m/quote.htm?sym=vfiix)). Vanguard Intermediate-Term Tax Exempt (http://www.thestockadvisors.co-m/quote.htm?sym=vwitx) (VWITX (http://www.thestockadvisors.co-m/quote.htm?sym=vwitx)) and Vanguard Intermediate-Term Investment Grade (http://www.thestockadvisors.co-m/quote.htm?sym...
Rs.20 Billion Rescue Fund
2008-10-23 03:03:00 The government has established a Rs 20 billion open-end fund to be injected into the stock market for providing a soft landing to the market on its opening on October 27, 2008. The government has also given Rs 30 billion guarantee to foreign investors, who would avail put options. The Securities and Exchange Commission of ...
Fund expert offers an income 'TIP'
2008-10-20 06:00:00 “Like other US Treasuries, Treasury Inflation Protected Securities (TIPs) have virtually no credit risk,” explains fund expert Mark Salzinger (http://www.thestockadvisors.co-m/ccount/click.php?id=2481).The- editor of The No-Load Fund Investor (http://www.thestockadvisors.co-m/ccount/click.php?id=2481) adds, “Unlike other US Treasuries beyond short-term bills, however, TIPs also have no inflation risk.” Here, he looks at an EYF based on TIPs.“Twice a year, TIPs’ principal valuis are adjusted upward by the amount of the increase in the Consumer Price Index Urban (CPI-U), thus protecting their holders against increases in inflation.“The total return of the bond equals its yield plus the change in principal value based on inflation, changes in real interest rates (published interest rates minus inflation) and supply-demand in the market for TIPs.“TIPs’ yields are lower than those of regular Treasury sercurities of similar maturities. Th... |
|
 |
|
 |
