Tag: margin

Picture one of these clubs where only the real heavyweights need apply.From the library the old aristocrats, General Motors and JP Morgan, are dozing in their leather seats.On the patio, a late luncheon is underway for people who have just improved their standing through union.ExxonMobil and Citigroup are a part of the celebration.At the bar, lots of the"nouveau riche" have assembled - Microsoft appears to be purchasing for Intel and Hewlett Packard...

This is another of these activities in the financial industry that scoots beneath the radar screen of all investors but could possibly be hindering returns in your mutual funds.Redemption costs are an offshoot of the market-timing scandal that hit the fund industry in 2003.Market timers-individual traders--use the fund to quickly trade securities based on rapidly changing market conditions, especially discrepancies between your US and international markets...