The News Review:
- Faith-based investors follow their beliefs
- Historically gold has been a sub-par investment
- When Bond Funds Change Investment bjectives (PHK)
- Cramer’s ‘Mad Money’ Recap: Keys to Sound Investing
- NYU sues guru in ‘unauthorized’ $24M Madoff investment
- WCM Investing – The Process
Faith-based investors follow their beliefs
MSNBC
For some that leap is made easier when the investments they’re buying reflect their religious beliefs. Khalique Zahir found Azzad Asset Management in Falls Church Va. while looking for an investment adviser that observed Islamic rules banning things like alcohol tobacco and interest-based lending.
Historically gold has been a sub-par investment
The Hour CT
Even boring old bonds have provided higher returns at least allowing an investor a positive return after inflation. The reason to consider placing some money in gold is as an inflation hedge. During periods of high inflation gold tends to produce higher returns for investors than do financial assets such as stocks and bonds. That’s what happened during the high inflation of late 1970s and early 1980s.
When Bond Funds Change Investment bjectives (PHK)
24/7 Wall St. NY
Yet today marks perhaps a new change for closed-end funds and if others follow suit it will become ever-important to "know what you are investing in" when you purchase these funds. The PIMC High Income Fund (NYSE:PHK) has revised its investment policies to remove its current limits on investment in illiquid securities (currently 20% of net assets) and the use of derivatives for non-hedging purposes (currently 25% of total assets). The Board of Trustees approved the changes to "provides additionalinvestment flexibility to respond to changing market conditions andbetter aligns the Fund’s policies. "The fund will now be able to increase its use of credit default swapsand other derivative instruments. This will include interest rateswaps futures and options as an efficient means to gain investmentexposure to high-yield and other debt obligations.
Related from Rop-jo: Poor nations to get funds to fight climate change
Cramer’s ‘Mad Money’ Recap: Keys to Sound Investing
TheStreet.com
He said it’s not enough to know which parts of the market are working or which stocks are buys and which ones are sells. The key to successful investing Cramer said is to know thyself. Far too many people invest like gamblers said Cramer and not even good gamblers. “Investing isn’t a game and it’s not random” he said.
NYU sues guru in ‘unauthorized’ $24M Madoff investment
New York Daily News NY
The university says it suffered a $24 million loss after entrusting the money to a financial guru who sunk it into Madoff’s $50 billion Ponzi scheme. NYU is suing beleaguered hedge fund titan. +Ezra+Merkin” >Ezra Merkin chairman of auto lender.
WCM Investing – The Process
GuruFocus.com TX
They hear something grab an idea from a popular blog accept a Cramerism or some motley foolishness and think that they are making investment decisions. Rarely will the right-now instant-gratification Internet-generation speculator think in terms that go beyond tomorrow’s breaking news. It just doesn’t work that way in the long run. Investing takes place in an uncertain environment with at least three important cycles working their way through time at different rates of speed.