What goes down must go up!!!
Sir Isaac Newton came up with the rule of physics that what goes up must go down. As a law of physics, it makes perfect sense. As a rule for investing, it is backwards! Markets have an upward bias that should be of great concern to the experts known as perma bears due to their constant belief that markets areRead the Rest…
Why you should be skeptical of being “sold” a new Closed End Fund
Brokers often sell their clients a new offering of a closed end fund. These are essentially mutual funds that have a limited number of shares which are not redeemed by the fund company but are sold like stocks on the secondary market. So, rather than redeeming your shares for their net asset value (like an open ended mutual fund), youRead the Rest…
D5 Creation