Archive for the 'Investing' Category

Don’t be too quick to fleece the wealthy

Wednesday, May 27th, 2009

Here’s an interesting article of the unexpected consequence of raising taxes on the rich. Maryland finds that it couldn’t balance its budget last year, so the state decides to increase taxes on the wealthy to close the shortfall. Here’s what happened one year later.
One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 […]

Taxable investment-grade bond ETFs

Thursday, May 21st, 2009

I am looking for an investment-grade bond ETF to round up my portfolio. The criteria I used include the following:

Low expenses : the lower the expense ratio, the better.
Diversification : for investment grade bond funds, generally the more holdings, the better.
Amount of assets & trading volume : generally the larger the better (improves liquidity, smaller […]

Should you prefer a mutual fund to have a high share price or low share price?

Tuesday, May 19th, 2009

Mutual funds publish their per-share price on every trading day. Some of the share prices are in the single digits, some are in their teens, and some are even at (or close to) the century mark. Do these fund prices tell us which fund is cheaper? Or which fund is more “value-for-money”? Or which fund […]