2010 Year-End Market Summary
Dec22

2010 Year-End Market Summary

2010 was the year the market truly came back, despite sovereign debt concerns in Europe, the global currency battle, and other geopolitical issues. This summary does not capture every detail of the market during the last 12 months, but it is meant to give the investor an overall idea of what happened, in order to plan for 2011. . GENERAL MARKET SUMMARY • The S&P 500 Index [.INX] started year at 1115.10.  Tuesday’s close...

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Investors Continue To Pour Money Into ETFs & Index Funds

Just a quick update on index funds and ETFs: Seems like more and more DIY investors are continuing to pour money into ETFs / index funds. Canadian ETF assets have increased by 29.6% in the last 5 years, to about $31 Billion. On a global basis ETFs have increased 45% to about $1 Trillion US! BlackRock (who owns iShares), BMO, and countless other financial institutions have also continued to expand their ETF lineup, to cash in on the...

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Index Funds & ETFs Hit Record

This article is a short follow-up to the article Index Funds & The DIY Investor Herd, where I discussed the trend of the DIY investor herd and index mutual funds, ETFs, and index related financial products.  In the article I discussed many myths, inaccuracies, and misrepresentations made by aggressive proponents of index funds / ETFs, as well as by the media and financial institutions.  Prior to reading this update it may be...

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Index Funds, ETFs, and The DIY Investor Herd

The DIY (Do-It-Yourself) investor crowd has been growing over the years, as average investors saw their portfolios devastated.  They  experienced enormous investment losses from the two most recent crashes in history (credit crisis / housing bust, and the technology / dot-com bust).  The average investors invested mainly in mutual funds, and the average DIY investors mainly purchased individual stocks.  Even traditionally conservative...

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Maket Plunges As US Bailout Fails, A Day To Remember

Exchanges all over the world plummeted yesterday, after US lawmakers blocked the $700M US bailout.  The result was a global plunge in the stock markets.  The Dow Jones Industrial average lost a record 748.21 points.  The TSX was down as much as 955 points at one point.   From Japan and China, all the way to London and Frankfurt, no exchange was safe from the panic stricken exit of the investors.  It will definitely be one of those...

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