Here’s some good news for investors. Fidelity and Vanguard are in a price war for index funds and exchange-traded funds.
A wonderful podcast was recently broadcast by freakonomics.com. The producers assembled the smartest people in finance and hosted a discussion on this subject: The Stupidest Thing You can Do With Your Money.
I understand why you want buy individual stocks. You want to pick the next Amazon, Google or Facebook.
This may be a post-Madoff world, but Ponzi schemes are still with us. Take these steps to avoid becoming a victim of dishonest conduct.
The pride Canadians have in their banks is largely justified. According to this assessment, the banks are perceived as stable and secure. They charge low fees and provide good value.
Tell your broker you’re interested in tracking or, optimally, beating the returns of a low management fee, S&P 500 index fund. Use Vanguard’s 500 Index Fund (Admiral Shares)(VFIAX) as an example.