A quick & dirty summary of what is happening:
- On Wednesday November 25 2009, Dubai (which is part of the United Arab Emirates), said it is seeking to delay/suspend payments on billions of dollars of debt to the creditors of it’s state owned Dubai World and subsidiary Nakheel, as part of its restructuring of Dubai [...]
Archive for the ‘UNCATEGORIZED’ Category
Dubai Debt Delay Revives Fear of Financial Crisis
Posted in STOCKS / BONDS etc, UNCATEGORIZED, tagged Dubai default fears push futures lower, Gold tumbles as Dubai triggers stampede to US dollar, Oil falls amid Dubai debt fears, Stock markets sink on Dubai default fears, UAE faces up to $184 billion total debt on November 27, 2009 | Leave a Comment »
Index Funds & ETFs Hit Record
Posted in UNCATEGORIZED, tagged avoiding the herd mentality, Do It Yourself DIY investing, How do I invest in an index fund?, How to build wealth, How to start investing, Investor motivation, lemmings, Personal finance, What should I do about retirement on August 14, 2009 | 2 Comments »
This article is a short follow-up to the article Index Funds & The DIY Investor Herd, where I discussed the trend of the DIY investor herd and index mutual funds, ETFs, and index related financial products. In the article I discussed many myths, inaccuracies, and misrepresentations made by aggressive proponents of index funds / [...]
