ProFunds is launching two new mutual funds to track the U.S. dollar. Since this is ProFunds, one of the funds will go long (you hope the dollar strengthens) and the other will go short (you hope the dollar weakens). unlike most of fund families, ProFunds place no limits on when and how many times you sell the fund. This is definitely geared towards a trader.
Back in the mid-90’s Fidelity offered 3 currency funds, but they never really garnered much interest, (read: money). So they were discontinued.
Considering the expenses ratio …

What was I thinking when I bought 1000 shares of Fannie Mae at $1.76 and then in order to minimize my losses I bought another 2,000 shares at $0.93. well, I was tempted by the desire to turn a profit on Fannie Mae because I have taken advantage of its volatility before.
Now that Fannie Mae (Public, NYSE:FNM) has decided to delist from the new York Stock Exchange and move to OTC, it maybe time to sell the stock and I got rid of all my holdings just to recoup what …

[Update]: We’ve recently launched a directory site www.1031reviews.comthat provides a more comprehensive list of 1031 registered reps, QIDs,and sponsors by state and city.  We’re also adding reviews and ratings,so you can vet folks before working with them.
In choosing which 1031 firm to work with, there’s nothing more valuable than feedback from a prior investor.  I get emails from readers all the time asking my opinion on specific 1031 firms.
To address this need, I was considering creating an "Epinions" (link) site to rate 1031 exchange service providers: 1031 tenants in …

What was I thinking when I bought 1000 shares of Fannie Mae at $1.76 and then in order to minimize my losses I bought another 2,000 shares at $0.93. Well, I was tempted by the desire to turn a profit on Fannie Mae because I have taken advantage of its volatility before.
Now that Fannie Mae (Public, NYSE:FNM) has decided to delist from the New York Stock Exchange and move to OTC, it maybe time to sell the stock and I got rid of all my holdings just to recoup what …

What was I thinking when I bought 1000 shares of Fannie Mae at $1.76 and then in order to minimize my losses I bought another 2,000 shares at $0.93. Well, I was tempted by the desire to turn a profit on Fannie Mae because I have taken advantage of its volatility before.
Now that Fannie Mae (Public, NYSE:FNM) has decided to delist from the new York Stock Exchange and move to OTC, it maybe time to sell the stock and I got rid of all my holdings just to recoup what …

? alancleaver_2000What exactly is a mutual fund? a mutual fund is a pool of money from many investors to build a portfolio of stocks, bonds, real estate or other securities, according to its charter. Each investor in the fund gets a share of the total profits of the investments. Mutual funds make it easy to diversify investments. they require moderate minimum investments, from a few hundred to a few thousand dollars. this allows investors to have a diversified portfolio more cheaply than …
What You Should Know About Mutual Funds

Roth IRA Helps You Avoid Taxes Legally
One of the unfortunate realities to being a successful investor is that taxes become due on your gains. Dealing with the tax treatment on those gains can feel like a full-time job on its own and avoiding the taxes altogether is, well, illegal.
So, it seems that success comes at a cost since it is inevitable that you will pay taxes on your gains. but there is another approach, one that might take a bit of time to implement entirely, but one that will …

Have you ever considered becoming a professional financial advisor? you can read about one man’s story in this article Evolution of an Investor from Conde Nast Portfolio. Blaine Lourd started out as a stockbroker, and found out he was really good churning accounts for his own profit:
“It was amazing, the gullibility of the investor,” he says. “When you got a new customer, all you needed to do was get three trades out of him. Because one of them is going to work. but you have to get the second one …

With the U.S. stock market in may sliding to its biggest monthly drop in more than a year, the bears are back. is your portfolio prepared?

Weekend Investor: Make sure your portfolio profits in losing markets

The Stock-Return Predictor
The Stock Return Predictor is one of the most powerful online tools for investing today. Find out why.

The Stock-Return Predictor tells you the price of stocks at a given time.
You wouldn’t give a thought to buying a car or a movie ticket or a chocolate bar without first knowing the price you were being asked to pay. The same should go with your purchases of stocks. My view (I am biased, to be sure) is that this calculator is the most powerful investor’s tool available on the internet …