We extend your Money Senses
By MARK HULBERT
Published: October 7, 2007
THERE is no discernible difference between the performance of mutual funds run by teams of just men or just women, but when you mix the sexes in fund management, a new study has found, fund performance often suffers.
The problem is not gender diversity, the study’s authors and other researchers […]
Angelique Ruzicka on the case for putting some of your money in the ’safe haven’ of the precious metal
In these times of financial turbulence, some investors might feel like stuffing their savings under the mattress. And thanks to the credit crunch, the dark days aren’t over.
Some experts reckon that now could be the time […]
Savings
As the run on Northern Rock continued yesterday, customers of other British banks were left to wonder if the credit crisis may affect their own savings providers. Although several of the smaller banks – such as Alliance & Leicester and Bradford & Bingley – made reassuring noises, the reality is that they are the banks […]
Paula Hawkins studies how parents can raise the money to meet costs of nearly £10,000 a year
The cost of sending a child to private school is eye-watering for all but the richest parents: on average, nearly £10,000 a year. If you want them to board, the figure is just shy of £21,000. Nevertheless, the […]
Yahoo has moved to further strengthen its service to advertisers by buying web marketing business BlueLithium for $300m (£149.4m).
Set up in 2004, BlueLithium provides technology enabling websites to better match adverts with users’ interests.
The purchase is the latest in a series of deals by Yahoo as it seeks to regain ground on market leader […]
LONDON, Sept. 3 — London’s subway network virtually shut down at the height of the rush hour this evening when 2,300 maintenance workers walked off their jobs in what they said would be a three-day strike over pensions and security.
Transportation officials then closed nine subway lines, the bulk of the system. They said it […]
Maureen Farrell,
Can I take cash out of my business without relinquishing total management control?
The Bancroft family, owner of a controlling stake in Dow Jones & Co. has been chewing on that same question since April, when News Corp.’s Rupert Murdoch offered $5 billion for the company–more than twice what anyone else was willing to […]
Temasek loses £150m on its July investment in Barclays
Temasek, the Singapore investment vehicle that has emerged as a possible buyer of Nasdaq’s stake in the London Stock Exchange (LSE), has lost £150 million on its investment in Barclays in the space of a month.
The state-backed fund took a 2.1 per cent interest in the […]
By Tim Paradis
Associated Press
Sunday, August 26, 2007; Page F07
NEW YORK — The market turmoil of the past month spawned by growing credit market problems is spilling over to money-market funds, an investment long seen as a safe and secure place to park cash.
Concerns about fallout from now-failing mortgages and the grinding sounds emanating from the […]
Robert Kiyosaki
The subprime mess is widespread, and it seems to be getting worse. It’s certainly worse if you’re about to lose your home.
The stock market is schizoid — up one day and down the next. If you’re a day trader, this volatility is pure heaven; if you’re getting ready to retire, it’s likely to give […]