How Much Are You Really Paying for That Fund?
Posted by Larry Doyle on February 4th, 2013 8:21 AM |
When is the price on a product not the “real” price you pay?
Can you imagine entering a store, comparison shop, select your product, and then find out at the register that the price highlighted on the product is not the real price you pay. How would you feel? Probably find another store, right?
What if this pricing racket was going on within almost every store carrying these products? Think about calling The Better Business Bureau, perhaps? Well, what do you think happens when you buy a widely marketed product on Wall Street? What product? Mutual funds.
Do you really know just how much you are paying for your mutual funds? Really? (more…)
January Unemployment Report: The Lord and Noah
Posted by Larry Doyle on February 1st, 2013 10:18 AM |
The unemployment report for January 2013 was released this morning and provides better than expected news on the surface but with some reasons for concern as well. Let’s navigate.
The Wall Street Journal review highlights the following:
Jobs growth for January fell short of expectations but continued at a moderate pace. However, The unemployment rate reversed course a bit, rising to 7.9 percent in January from 7.8 percent the month before. Analysts expected a 7.7 percent unemployment rate. (more…)
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