Wednesday, July 18, 2007
Posted by gjblass at 2:01 PM
Posted by gjblass at 12:38 PM
Posted by gjblass at 11:58 AM
Posted by gjblass at 10:39 AM
Posted by gjblass at 10:37 AM
didn't Kramer or George drop a pc out a window.
Posted by gjblass at 10:03 AM
Posted by gjblass at 10:01 AM
You Decide, check it out:
Posted by gjblass at 9:08 AM
Mutual Fund expenses and their impact over time:
A $10,000 investment 20 years later (assuming a 7% annual return)
Index ETF (annual costs of .07%) $38,140
Index Mutual Fund (annual cost of .18%) $37,330
Actively Managed Mutual Fund (annual cost of 1.4%) $29,190
So a difference of a tiny 1.3% per year over 20 years equates to roughly 10,000 or your entire initial investment---
Low Costs are the secret to outstanding long term performance and not investment choices!
Source: SEC mutual fund cost calculator
Notes: All returns are pre tax. Assumes all funds earn the market return before expenses. Brokerage commision of $20 deducted from ETF return.
Posted by Chismillionare at 8:41 AM
Odd like the product of some unlikely union between Picasso's pencil and a Formula 1 racing team's software for computational fluid dynamics. Odd like something cleaved from a huge block of carbon fiber with a big, ugly axe. Odd like nothing the automotive world has seen since the Lamborghini Countach. Odd as in good, actually.It is the 2008 KTM X-Bow, an Austrian-funded, German-powered, Italian-engineered pocket-size supercar. It is what you get if an ambitiously minded European motorcycle manufacturer (KTM) and an open-minded German car manufacturer (Audi) get jiggy in the back of a camper van. And it can be yours in February 2008 for about $50,000.
Posted by Chismillionare at 8:35 AM