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Mini Primer on Exchange-Traded Funds (ETFs)

Today many investment advisors and individual investors use ETFs or exchange-traded funds rather than, or in addition to, individual stocks and bonds or mutual funds. Today about 25% of all equity dollar volume is accounted for by trading in ETFs.  Most of that volume is concentrated into relatively few ETFs. Given that ETFs are typically designed to track certain indexes, […]

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Non-profit giving – Healthier, Happier and Better Looking

Healthier, happier and better looking are some of the benefits of giving to a non-profit. Or so says Arthur Brooks from the American Enterprise Institute in a recent article Handsome Is As Handsome Gives. America is exceptional in its giving because, according to Mr. Brooks, “Americans still give away more than the entire gross domestic product of prosperous countries such […]

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Tale of Two Cities – Detroit & Dallas

By now, most have probably seen the headlines that a federal judge Steven Rhodes has ruled to allow the city of Detroit to proceed with a bankruptcy filing. The ruling will be appealed, but it promises to have a big negative impact on the city’s pension benefits, retiree health coverage and its municipal bonds creditors. Here are a few interesting […]

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