Last week things seemed as bad as they could get for equities. Every piece of good news was destroyed by a seemingly larger piece of bad. This seems to be a market with no momentum. It can't get traction. Good news gets you nowhere, but bad news gets you down. Is there hope? Yes. Where do we find it? Friday.More...
George W. Bush continues to surprise me. His soft stance on spending has prompted a few nasty editorials from me, but his recent reorganization plan for government security is really an innovative idea. It is quite possibly the best idea for reforming the government since the administration of Harry S. Truman.More...
We are trying a test here at investmenttool.com. We have decided to wire our offices with business DSL and host our own web site on a Dell Poweredge server. Here is our preliminary experience.More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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