Oct 30, 2015
According to Morningstar, ETFs are getting more costly to own.
Average ETF fees once averaged 0.4 percent but have now jumped to
over 0.6 percent. Some new exchange-traded products are charging
over 1.0 percent in fees annually.
Increasingly, ETFs are seeing such volume that a new cost has crept
into the math, known as...
Oct 29, 2015
Hold onto your hat and your wallet if you are thinking about a file-and-suspend claiming strategy with your Social Security benefits. The new two-year budget agreement between Congress will close these loopholes—file and suspend in particular-- in the Social Security rules. While it remains to be seen whether...
Oct 28, 2015
The death of comedian Robin Williams provided interesting estate planning issues. Although he was hugely successful in movies and television, Williams spoke of financial problems in the years before his death. He had reached a net worth of over $100 million dollars in his prime, according to sources, but two divorces...
Oct 27, 2015
Global diamond production is expected to peak in 2017, when 164 million carats of diamonds are forecast to be produced. After that, production is expected to go into a long-term decline, unless major new discoveries are made. You would think prices of diamonds would be skyrocketing, however prices have fallen eight...
Oct 26, 2015
Quarterly profits and revenue at big American companies are poised to decline for the first time since the recession, as some industrial firms warn of a pullback in spending, according to reports in the Wall Street Journal. From railroads to manufacturers to energy producers, businesses say they are facing a...