Welcome to the end of the week and another edition of Happy Hour! Just sit back, relax, and enjoy your end of the week roundup of all things interesting in the land of money.
Nasdaq Outrage
There was an outage on Wall Street yesterday. Not your typical power loss either. The Nasdaq was offline for 3 hours due to a software malfunction or glitch as they called it. If you’re not sure what 3 hour glitch looks like, these charts show it clearly. Of course, the big gap on the chart below also shows it.
In the process, Nasdaq did a terrible job of communicating the problem.
Personally, the outage didn’t affect me because I don’t trade. But it was still a problem. It affected all the options and futures of Nasdaq traded securities, as well as, any ETFs with Nasdaq traded stocks. Continue Reading…
Finding the right mutual fund might seem like a never ending maze of possibilities. But it doesn’t have to be complicated. Here are some simple guidelines to help you choose a mutual fund that fits perfectly with your portfolio.
With the different types of mutual funds to choose from there’s a good chance you’ll come across one that you didn’t know about. It just might be a perfect fit for your portfolio…or not. You’ll never know unless you understand the basic types of mutual funds available.