“But maybe it won’t. I urge investors not to be tempted by the siren song of paradigms that promise the accumulation of wealth that will be far beyond the rewards of the classic index fund.”

The two biggest players in the Canadian exchange-trade funds market compete not only on the products they offer, but also on clashing investment philosophies that claim to be best for investors. via The Globe and Mail

Original post by The Globe and Mail

“There will be more deals down the road, but a lot depends on changes in Washington and if there is a less laissez-faire attitude at the federal level.”

Utilities stocks are on a winning streak so convincing that it may cause investors to forget the long series of ups and downs they’ve endured. via Chicago Tribune

Original post by Chicago Tribune

“They don’t understand the basic secrets of how to succeed when it comes to their personal finances.”

Plenty of Americans struggle with money. They run up debts, fall victim to scams, overlook solid investment opportunities and score poorly on financial-literacy tests. via Reno Gazette-Journal

Original post by Reno Gazette-Journal

Q. I opened a traditional IRA in 1992. I now live with my husband and two children in North Carolina. via Hartford Courant

Original post by Hartford Courant

“High gasoline prices weighed on the current conditions index, but the job situation is still pretty good and people are feeling pretty good about that right now”

Consumer sentiment took a surprise upturn in early May, as a favorable job outlook and a booming stock market muted the impact of record high gasoline prices, according to a poll published on Friday. via Earth Times

Original post by Earth Times