Five Winning Entries
Later, much later
After losing all my dough
I listened to Jack
There’s no John Bogle
My funds are crushed by high fees
The world hears my screams.
Bogle always said
Many pennies are dollars
Calmly I retire
Thanks to Jack Bogle
I will never have to fund
Some broker's Beemer
Brilliant flowers fade
Not so "Cost Matters" lesson
Bogle's Folly wins
The Claymore launches continue, with new ETFs tied to global exchanges, vaccines and a large-cap value ETF.
Will the new Ameristock/Ryan ETFs find room in the market? And will they track their indexes?
We just saw a very big, very gutsy play on the Russell 2000 at rebalance, and we're still working on putting all the pieces together. But it was BIG - big enough that very few market players would even dare to come up with the idea. I mean a $10 billion redemption on stock you don't even have? You've got to be kidding me.
The first thing to note on the Rydex deal is that it appears to have been considerablly less than the upper end of the rumors that had been floating around. I'm hearing closer to $500 million than a billion. What's your operation worth?
The PHLX launches four new specialty indexes: a sports index, anyone?
The newest S&P/Case-Shiller Home Price Indices, showing data through April 2007, continue to paint a bleak picture of the U.S. housing industry.
As it turns out, the winner of the Rydex sweepstakes is neither E*Trade nor Invesco: A Kansas-based company called Security Benefit has purchased the Maryland-based investment management company for an as-yet-undisclosed sum.