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My wife and I are 65. I work full time and my wife, part time. We'd like to sell our house because it's too big for us. But we know this is not a good time, so we're waiting for the market to improve. In the meantime, we're paying an extra $500 a month on our mortgage. We have a balance of $155,000, and the house was appraised at $240,000 in March. ...more
November 9, 2008
The hype is finally justified. Wall Street has rolled out some 600 exchange-traded index funds, those stock-market-listed products that have exploded in popularity. Many, however, merely mimic existing mutual funds - or are so narrowly focused that they're of little use to prudent investors. ...more
December 23, 2007
Investors are voting with their dollars, favoring exchange-traded index funds over index mutual funds. I think they're making a mistake. ...more
November 18, 2007
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