Archive for the 'Strategies' Category

Liquidated half of my municipal reset bonds

Wednesday, November 28th, 2007

This morning, I placed a call to the Fidelity Fixed Income desk and requested them to liquidate half of my municipal reset bonds. The rep was very friendly and helpful. I read out the CUSIP numbers to him, he repeated them back to me and the sale orders were submitted.
Three hours later when I logon […]

Emerging markets small-cap “value” ETF launched today

Tuesday, October 30th, 2007

WisdomTree’s Emerging Markets SmallCap Dividend ETF (ticker DGS) started trading today. This ETF, which tracks the WisdomTree Emerging Markets SmallCap Dividend Index, demonstrates a significant “value” tilt.
In my opinion, this ETF appears to be the closest thing to the “emerging market” “smallcap” and “value” asset class available currently to retail investors (I do not […]

My first municipal reset bonds

Thursday, September 6th, 2007

I wrote about using municipal reset bonds (”resets”) as a cash management vehicle in a recent post. Yesterday, I had my first success in a municipal resets auction. I submitted bids for resets with the following characteristics:

Issuers in different areas of the economy.
Issuers backed by different insurers.
No federal, state, local taxes. No AMT.
7-day resets.
AAA-rated by […]