Recently, Travelers and Cisco replaced GM and Citigroup as part of the Dow Jones Industrial Average Index (DJIA). When it became clear that GM and Citigroup’s days on the Dow were numbered, people began speculating which companies would take their place. Because there are no set rules on what companies will make up [...]
Direct Reinvestment Plans, or DRIPs for short, enable investors to purchase stocks directly from companies. DRIPs typically do not require payment of commissions or fees, and dividends are reinvested in the company’s stock. In this article, Clare from Money Energy lays out 10 key benefits of DRIPs, after first discussing the difference between [...]
Here’s a tip I picked up from Matt Krantz of USA Today. Most mutual funds require a minimum initial investment. Even most Vanguard funds have a $3,000 minimum. When I started investing a long time ago, you could bypass the minimum investment requirement by agreeing to an automatic investment plan. Today, [...]
Zecco Trading is the online discount broker best known for giving away 10 free trades each month. But low cost is not the only thing Zecco offers. Zecco also offers powerful investing tools, a community for like-minded investors to share their portfolios and investing tips, and great customer service. We’ll cover all [...]
Suze Orman has been getting her share of criticism lately. Liz Weston has pummeled Suze for advising folks to make minimum payments on credit cards while building up an emergency fund. And now Orman is taking heat for investing her portfolio in bonds, while advising others to invest in stocks. For example, [...]
Morningstar is the premier destination for investment research, news, tools and analysis. Whether you invest in individual stocks, mutual funds, ETFs, derivatives or even hedge funds, Morningstar can help make you a smarter (and richer) investor.
I’ve been a premium member of Morningstar for a long time, but even its free level of membership offers [...]
Picking mutual funds to entrust your hard earned cash can often feel like a crap shoot. The experts tell us not to look at past results, but let’s be honest, it’s the first thing most of us look at. And if past results are not an indicator of future performance, why are past [...]
What do Home Depot, Anheuser Busch, and Carmax have in common? Here’s a hint: Bank of America, American Express, and General Electric have the same thing in common. The answer is they are all investments by a “mutual fund” that does not charge you a load fee or annual expenses. You’ve [...]
According to Standard and Poor’s, the S&P 500 is down 40.29% for the year. And just in case you thought that was a typo, I’ll repeat myself: the S&P 500 is down forty point twenty-nine percent so far in 2008. Ouch! Now here is something that is far more important. [...]
