Actively Managed ETFs are One Step Closer

Last week the SEC issued a notice that gave near final approval to Invesco Ltd.’s PowerShares Capital Management unit to issue actively managed ETFs. You can read the SEC release (pdf file), but here are the details and how it changes the investing landscape. Actively Managed ETFs Just to review, an ETF today tracks an […]

Published or Updated: March 23, 2012

DR Charitable Donations and Berkshire B Share Updated (Jan. 2008 edition)

Last month my wife and I decided to donate 50% of all income from this site to charity. We chose Common Hope to receive these donations, an organization in Guatemala dedicated to the education of Guatemala’s children. I’m happy to report that in January 2008, DR received $846 in revenue, resulting in a donation to […]

Published or Updated: March 15, 2013

Dodge & Cox Stock Fund Will Open to New Investors

Dodge & Cox announced last week that it will open its Dodge & Cox Stock Fund (DODGX) and Dodge & Cox Balanced Fund (DODBX) to new investors beginning today, Monday, February 4, 2008. Both funds were closed in 2004 to new investors, although existing investors were permitted to continue investing in the funds. I’ve owned […]

Published or Updated: March 30, 2012

A Microsoft — Yahoo! Merger is Good for Bloggers, the Internet and even Google

Microsoft announced yesterday that it has made a $44.6 billion unsolicited offer to buy Yahoo! The bid consists of Microsoft stock and cash, and represents a 62% premium over the closing price of Yahoo!’s stock on Thursday. While the transaction will be scrutinized by the Federal Trade Commission, the Department of Justice, and European regulators […]

Published or Updated: May 23, 2011

Social Security is worth $225,000 for a typical retiree

According to a report just released by the National Academy of Social Insurance, the average monthly benefit for retirees is $1,045 in 2007. A 65-year old who wanted to buy a guaranteed income of that size — with payments that go up with the cost of living and continue for a widowed spouse — would […]

Published or Updated: February 22, 2014

Winning isn’t everything. . .

. . .but it sure is fun. Congratulations go out to Mike, Cynthia and Jack (check your email), who won the 3 book giveaway. Using a random number generator, I used three random numbers to select the winners from the email entries. Each winner will be receiving copies of the following three books:     […]

Published or Updated: May 23, 2011