Excerpted from remarks by John C. Bog l e to the Am e ri can As s ociation of Individual Investors, Philadelphia Chapter, on May 24, 2005 .
The U.S. District Court ruling in Dow Jones vs. ISE will
revolutionize the ETF options industry. The trouble is,
the judge got it wrong.
Social Security reform seems to have ground to a halt, despite all the analysis and politicking over the past few years. Those debates focused on various issues: the solvency of the system, the political problems of cutting benefits, how Social Security funds should be invested and how people should save for their retirement. Despite all the noise, the overriding fear of both re t i red and working people-running out of money during re t i rement -was never addressed.
Passive investing is finally—finally!—gaining traction
with the retail crowd … a look at the numbers.
The SEC’s new short sale regulations could make it
impossible to short many ETFs. Traynor and company
take a close look at Regulation SHO.