Promotion to developed-nation status gives its stocks added appeal. From Kiplinger’s Personal Finance: Never mind last year’s war with Hezbollah in Lebanon, incessant rocket attacks from the Gaza Strip and growing concern about the possibility of a nuclear-armed Iran. The Israeli stock market is on a roll. Over the past five years to October 15, …
Chicken Little Growth Gets Cooked
The rapid rise and fall of this gimmicky fund illustrates all the traits of a classic bad investment. From Kiplinger.com: Funds that stink are rarely worth a mention. But when a fund fails on every level — lousy strategy, unproven management, high expenses, a spotty track record, poor board oversight and a cheesy name — …
Do Good With a Donor-Advised Fund
Budding philanthropists can invest their money and give to their favorite charities. From Kiplinger’s Personal Finance: The perfect vehicle for budding philanthropists is a donor-advised fund. Such a fund lets you turn over assets (money, stocks, bonds) to a program run by a financial-services firm, a community foundation or a charitable group. You then advise …
Managers Who Eat Their Own Cooking
Kudos to the guys at the top who put their own money beside that of shareholders. From Kiplinger’s Personal Finance: Jeff Arricale and David Giroux wanted to show clients they were committed. The duo plowed all their retirement savings into T. Rowe Price Capital Appreciation after they took over the fund’s reins last July. “As …
Superstar Drugs Debut as Generics
A dose by any other name works as well — and costs less. From Kiplinger’s Personal Finance: Designer labels may excite fashionistas and sports-car fanatics, but many consumers are happy to stock their medicine cabinets with less-expensive generic alternatives to brand-name prescription drugs. Value-conscious shoppers will soon be able to pick from a bumper crop …
Open Season for Health Savings
Buying the right insurance could put thousands of dollars in your pocket. From Kiplinger’s Personal Finance: Open Season for Health Savings Buying the right insurance could put thousands of dollars in your pocket. By Thomas M. Anderson From Kiplinger’s Personal Finance magazine, October 2006 Sometimes open-enrollment season for health insurance seems like Christmas in reverse: …