I am currently contributing to two 529 college saving plans. Even though for simplicity reasons, it is usually better to consolidate investments into one account, I find that having two accounts actually works better for me. Why did I end up with two plans? Read on… The first step in selecting a college saving plan [...]
Bill Bernstein has updated his website with his thoughts on commodity futures investments. His view appears to be that with the flow of hot money into commodities-related investments in the past few years, the commodities futures market has moved from the usual backwardation scenario into contango (at least for the case of oil), which is [...]
ProShares, the company famous for its long and short funds, has filed with the SEC to introduce ETFs that covers 22 different slices of the market. For each slice, ProShares is planning to introduce three “flavors”: the “Ultra, Short and Ultrashort” versions. According to the filing, The “Ultra” version is a market long version that [...]
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