These cheap(er) versions of mutual funds or Index Funds have been getting a lot of press lately in the legitimate media and in the great financial blogosphere as well.
ETFs Are Evil
OK, I couldn’t resist again. I do own a few ETFs, if anyone is interested:
- Larry MacDonald another Financial Infidel speaks of these unholy investment vehicles in Mutual funds vs. ETFs. May he burn in hell for his sins against the Financial Industry!
- Then another Financial Demon Preet at WhereDoesAllMyMoneyGo has the audacity to write Hate Mail to the Mutual Fund Dealers Association, UNCLEAN I declare him (financially speaking).
- Michael James (known Financial Goblin) then asks the excellent question Why Do Economists Use a Bell Curve if it Doesn’t Apply? I always liked double bell curves, but then again, I also liked Poisson distributions as well.
- Rob Carrick had some excellent advice for Parents of kids going off to University who might live off campus, Get Renters Insurance, or risk the consequences (think of a kiddie pool full of half-melted ice being turned over in your son’s 8th-floor apartment, do you want to pay for that? EVIL!).
Long weekend ahead folks and I plan on enjoying it, so don’t look for any new posts until Tuesday.