"Owning the index" is a good way to seek to reduce risk, but it doesn't capture alpha, or excess profit. If you're risk-averse, this isn't bad, but you've got to choose well. Morningstar's a good service.
The thing is, there's an awful lot of free services on the Net, including most investment companies' websites. Also try www.investopedia.com for definitions. There's a definition of the day service there that's WONDERFUL.
For anything where you want the most dispassionate definition possible (for example, 529 plans for college), try www.sec.gov. You'll wade through legalese, but you can be certain that the description is accurate and dispassionate.
![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png){kind=small}
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
no subject
Date: 2007-08-21 01:25 pm (UTC)The thing is, there's an awful lot of free services on the Net, including most investment companies' websites. Also try www.investopedia.com for definitions. There's a definition of the day service there that's WONDERFUL.
For anything where you want the most dispassionate definition possible (for example, 529 plans for college), try www.sec.gov. You'll wade through legalese, but you can be certain that the description is accurate and dispassionate.
Right now, they make EVERYONE's heads ache.