By Kim Clark From Kiplinger’s Personal Finance The price of gold has plunged and spiked so dramatically in the past year that investors likely feel woozy. Concerns about war in Europe helped push gold to just over $2,000 an ounce in March 2022. Then, rising interest rates eroded gold’s appeal, and prices fell to the…
Choosing Between Look-alike ETFs and Mutual Funds
By Nellie S. Huang From Kiplinger’s Personal Finance When faced with a choice between buying shares in an exchange-traded fund (ETF) and buying shares in a mutual fund that follows a similar strategy, which is the better option for you? “The choice isn’t always black and white,” says Charles Rotblut, with AAII, which helps individual…
Be Aware of the High Fees Before Investing in Mutual Funds
The late P.T. Barnum—renowned showman and one of America’s first millionaires—summed up one of the hardest lessons in the investing world with one succinct quote, “money is a terrible master but an excellent servant.” While there has never been a shortage of people willing to give their opinion on what stocks are flying under the…
JPMorgan Wins Appeal Against Insurers Over Bear Stearns Settlement
NEW YORK—New York’s highest court ruled on Tuesday that JPMorgan Chase & Co is entitled to insurance coverage for $140 million of a U.S. Securities and Exchange Commission settlement with the former Bear Stearns Cos over improper mutual fund trading. Reversing a lower court ruling, the Court of Appeals ruled 6-1 that the $140 million…
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