Listening to the death-rattle of the mainstream media

Here is an excellent post by an active reader of The Wall Street Journall and The New York Times. Back in th days when mutual funds were much more expensive than they are now, that is, back when mutual funds charged front loads, back loads, commission trails, and ambiguous expense ratios, the financial media colluded [...]

Meltdown achieves what Congress could not: 401(k) fees going down across the board

One good thing about this Bear market is that it has the power to clean up a lot of fees and expenses. Investors, and fair-minded advisers, could never seem to extend the clean-up beyond individual initiatives, while the government proved useless in this regard, tamed as it was by the lobbyists from the mutual fund [...]

New-fangled ETFs? Investors say, “no, thanks.”

Of course, not everything new is “new-fangled,” and some of these new ETFs probably deserve more attention than they will ever receive. Yet, there’s no denying that the boom in fundamental ETFs set off a race to cash-in on their popularity by marketing new gimmicky and trendy versions.
One good thing about this Bear market is [...]