You can’t open a newspaper or read a magazine without seeing ads promoting the stellar performance of “hot” mutual funds. But past performance is not as important as you may think, especially the short-term performance of relatively new or small funds. As with any investment, a fund’s past performance is no guarantee of its future [...]
NEW YORK (Dow Jones/AP) - Gold prices rose Tuesday in choppy trading, struggling to stay positive as the dollar made some headway against the euro.
June gold rose $7.60 to $699.50 an ounce on the New York Mercantile Exchange in midday trading, while July silver rose 16.5 cents to $13.500 an ounce. Even though the dollar [...]
The manager of this year’s top stock mutual fund — and only one that’s up in 2008 — explains how to do well in a bear market. Hint: He bought yesterday. How bad is this bear market? Out of thousands of offerings, only one mutual fund focusing on U.S. stocks is up this year. You [...]
This article will explain what an Exchange Traded Fund is, how to use them to manage your own RRSP, and what choices are available. We’ll also have a look at the way mutual fund companies get paid so that you can avoid paying too much.
In a new sign of market turbulence, managers of a multibillion-dollar money market fund said on Tuesday that customers might lose money in the fund, a type of investment that has long been considered as safe and risk-free as a bank savings account.
The announcement was made by the Primary Fund, which had almost $65 billion [...]