by Rich Best After a rather tumultuous decade in which the overall performance of mutual funds is best described as anemic, we may be entering a period of redemption that could have investors smiling again. But the recent financial storm has left the waters somewhat murky, so, before jumping back into the water, investors should [...]
With the announcement of additional write-downs and Bank of America’s second straight quarterly loss, Bank of America leader, Brian T. Moynihan is facing a make or break year in 2011 as institutional investors turn up the heat and look for some serious stock price appreciation. Given the money that equity mutual funds have invested in [...]
Everyone thought that the simplest way to build wealth was through home ownership. Real property in the US became such a huge vehicle to wealth building that consumers were able to spend beyond their means (as measured by their income levels) and refinance their debt. Rinse and repeat. This type of leveraged purchasing behavior allowed [...]
Facebook is what many believe will be the most highly anticipated IPO since the recession. Whether people are bullish on what will be an inevitable IPO for Facebook or bearish is somewhat irrelevant because there is one definitive winner in this future (and not-yet public) transaction: Goldman Sachs. Oh, and the equity investment funds that [...]
You already know that our top mutual fund pick for 2011 is the Franklin Growth Fund. Many will find this is a bit of surprise given that there are so many hot mutual funds out there, most of which are covered by us here at the Mutual Fund Site. And just as there are many [...]
Fairholme has taken steps to launch a new actively managed mutual fund, according to recent regulatory filings and this report at Morningstar. This will be Fairholme’s second fund launch this year after opening the doors to the Fairholme Income Fund (FOCIX), a bond fond that holds mostly good corporate debt and a whole bunch of [...]
