Soft dollars, a form of legal kickback, is a sly way you can get ripped off by mutual fund managers. Full service brokers give these kickbacks to non-indexed mutual funds in the form of a “rebate” to purchase research, software, and even computer equipment.
You pay for these soft dollars! In recent years, the [...]
Posts on ‘October 16th, 2008’
A Safe Port For Mutual Funds But Not You!
Pay Now or Later - Debit vs. Credit
Which is better, debit or credit? Can’t decide if you should shop with a debit or credit card? This article will discuss some of the similarities and differences between shopping with a debit card versus shopping with a credit card.
When you use a debit card, the bank subtracts money from your bank account. Debit cards [...]
Investing in the Oil ETF: Go Liquid or Pass on the Gas?
The launch of the US Oil Fund (ticker: USO) gave investors an easy way to invest in the hottest commodity of the day: oil. Still reeling from the post-Katrina boom that has kept gas prices over $2.00 a gallon, investors bought over five million shares in the ETF’s first day.
The concept is an easy sell: [...]
Who are Debt Collectors?
If you are reading this, odds are you have been contacted by one or more collection agencies.
Undoubtedly they claim you owe them money. They have a knack for harassing the unsuspecting and wrecking credit files indiscriminately.
But who are these collection agencies and what powers do they possess?
The truth is that debt collection agencies are all [...]