If you were a movie star making $15 million per movie, or a hip hop mogul worth $500 million, what would you do with all that dough? Build a school in Africa? Fund a new cancer wing at the hospital? Invest in mutual funds? Hell no. You’re a sports nut. So you’d buy a sports [...]
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This year Vanguard became the largest mutual fund family. They preach that index investing beats stock picking and market timing. The truth is that there are several easy ways to beat index funds. You can beat the S&P 500 index fund... Read Post
Pax World Management, the granddaddy of socially responsible mutual funds, agreed to pay $500,000 to settle Securities and Exchange Commission charges that it violated its own rules when two of its mutual funds invested in off-limit... Read Post
The World Bank is hoping to raise a $500 million fund to invest in the Middle East and North Africa (MENA). ||| The World Bank is hoping to raise a $500 million fund to invest in the Middle East and North Africa (MENA), saying that ... Read Post