As the popularity of exchange-traded funds (ETFs) grows, financial advisors are increasingly pressed to separate the wheat from the chaff, the meat from the gristle, the men from the boys or whatever other stale clich comes to mind. Industry...
For most Americans, the most important asset class is not the stock portfolio, it's the house. No wonder some homeowners are getting a bit nervous. The sub-prime mortgage fiasco is forcing up the cost of money, particularly on jumbo mortgages...
Exchange-traded notes (ETNs) are hot. That's right, ETNs that's no typo. Do not confuse ETNs with their cousins, exchange-traded funds (ETFs), which because of their low cost and tax efficiency have become the financial world's iPod equivalent...
Creating lists such as this can be a notoriously capricious business. For starters, why only 10 people? Good question. But it forces a silly answer: The number 10 is a good number simple as that. Yes, it's somewhat arbitrary, but the object is to...
Remember when Chevy Chase used to wrap up the Weekend Update faux-news segment of Saturday Night Live with the line, I'm Chevy Chase and you're not? David Swensen, the manager of the Yale University endowment, has posted such consistently strong...
The broker protocol just got a lot more inclusive. The exclusive pact between several wirehouse and broker/dealer firms stipulates that the firms will refrain from taking legal action when their brokers switch to other signatory firms and take...
If the Blackstone Group ever goes public, it sure would be cool to get an allocation of the IPO. Imagine your clients at cocktail parties, bragging about how they are “in” enough to have gotten a piece of that deal. (Sure might help...
It’s no fluke that Washington, D.C. is the host city for the spring symposium of the Tenant-In-Common Association (TICA). The selection of the capital city coincides with the event’s main focus — the current political climate and...
Investors who are trying to gain a better understanding of the finer points of the tenant-in-common structure can obtain a wealth of information in a new book titled “Effortless Cash Flow: The ABC’s of TICs (Tenant in Common Properties...
