Welcome to the end of the week! Just sit back, relax, and enjoy this weeks roundup in another edition of Happy Hour.
Short Term Opportunities
Jeremy Grantham, in the recent GMO Quarterly Letter (PDF), offers his perspective on the state of the markets, along with a discussion on the history and future of oil. The market info is a good read, but his thoughts on fossil fuels were interesting. He points out how oil has been a driver or a drag on the global economy depending on the price. Continue Reading…
A broad index fund is one way to get international exposure in your portfolio, but index funds aren’t perfect. One alternative is to pick single country funds but how do you choose which countries to own?
Much of the discussion around investing involves managing costs. Taxes need to be part of that talk. Like fees and expenses, dividend and capital gains tax eats away at your returns.