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Latest financial news - CNNMoney.com
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Will Madoff's enablers get hard time?
Nice work if you can get it: Hanging out at the Palm Beach Country Club and introducing friends to an exclusive and seemingly safe place to stash your cash - Bernard L. Madoff Investment Securities.
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The best (and cheapest) funds around
Question: In your article in the January issue of Money, you recommend buying total market index ETFs. But I don't find being able to trade ETFs like stocks throughout the day to be an advantage for me. For example, if I buy the Vanguard Total Stock Market ETF I will have to pay commission when I buy and sell, whereas I can buy their Total Stock Index mutual fund with no fee. I don't understand why ETFs are better than mutual funds.
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Finally, dream stocks at affordable prices
There's no such thing as a perfect portfolio. Value-conscious investors like me are acutely aware of this fact. Sometimes you come across a good stock trading at a great price but there's simply no room in your portfolio at the time. In other cases you feel like a kid with his nose stuck to the windowpane of a Ferrari dealership: You spot a wonderful business you'd love to own, but you can't justify paying the price being asked.
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Bailout rage divides the GOP
A hundred days have passed since House Republicans pushed the Dow Jones over the cliff to its biggest point loss ever with their surprise rejection of Henry Paulson's $700 billion Wall Street bailout.
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Stocks set to drop as jobs in focus
Stocks were set for a lower open Wednesday, with the weak employment situation in investors' focus.
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