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New Fund Isn't 'Foolish' So Much As Stupid
How 24 fund categories have fared so far after a whirlwind of events in the first half of 2009.
An investor who takes a chance on the brand new Motley Fool Independence Fund before it proves that it can deliver on the big talk of its founders would be making the Stupid Investment of the Week.
For a complete listing of news and community briefs for Marion, Mattapoisett, and Rochester, please click here.
McLEAN, Va. -- Average rates for 30-year mortgages fell for the second-straight week, but still remained above record lows reached earlier this year, Freddie Mac said Thursday.The average rate for a 30-year fixed home loan was 5.2 percent this week, down f...
Assets under management in exchange-traded funds are near their historic peak, reflecting continued inflows despite the funds' dramatic fall in line with global markets late last year. The figure stands in stark contrast to the traditional asset management industry, which is still struggling to increase its profitability after assets plummeted last year.
Ponzi scheme mastermind Bernard Madoff will not appeal his 150-year sentence handed down last week for perpetrating probably the largest investment fraud in history.
NEW YORK, July 9 (Reuters) - Private equity firm Cerberus is to place investors seeking withdrawals from one of its hedge funds into a special purpose vehicle which would make cash distributions over time, a source familiar with the contents of a recent investor letter said on Thursday. For investors remaining in the fund, fees will be reduced, the source said. The Wall Street Journal earlier ...
There are ups and downs for both real estate and stock investments, so before diving in, know the differences between the two.
LOS ANGELES----SouthWest Water Company , a leading provider of water, wastewater and public works services, today reported financial results for the year ended December 31, 2008. As previously announced, the company completed a comprehensive review of prior financial statements.
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