What’s in a Name Change?
Have you ever notice how mutual funds sometimes change their names? Unfortunately, it is not always to the investor’s benefit. Forbes has an excellent article that explains the reasons and consequences of name changes. The article says that there are three main reasons that mutual funds make name changes. First, they rename due to a [...]
High Yield Bond Investing
Investing in high yield bond funds in early 2009 gave investors huge capital gains and a yield of around 9 to 14% on the ride up. I missed the bottom, but got in somewhere near there, amidst all of the predictions from naysayers that there would be many defaults during 2009. I bought the index [...]
