By Christopher Carosa, CTFA | February 1, 2010
Sometimes something that appears too good to be true really is. Professionals have long known the potential pitfalls of ETFs. Only recently have these facts become more widely known. Don’t be surprised if, like a tube of toothpaste, squeezing one problem away only creates a bulge in a different problem.
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Posted in Due Diligence | Tagged 12b-1, 401k, bid-ask spread, commission, conflict of interest, Conflicts of Interest, discount, ETF, expense ratio, fiduciary, illiquid, index fund, liquidity, mutual fund, premium, unitization
By Christopher Carosa, CTFA | November 3, 2009
The wildness of the equity markets and the uncertainty of our economic environment appears to be opening the eyes of the typical fiduciary to more exotic investments. The practical implication may mean greater potential liability.
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Posted in Due Diligence | Tagged 24 hour trading, Anthony Welch, Art of Indexing, Australian currency, bond market, bonds, commodities, commodity, correlation, currencies, currency, day trading, depression, discount, Due Diligence, emerging market, equity market, ERISA, ETF, European, fiduciary, fixed-income, G-10, global market, Great Depression, Ian Naismith, leverage, leveraged, liability, liquid, liquidity, long/short, long/short pair, low correlation, Naismith, no credit risk, premium, Price volatility, real estate, Sarasota Capital Strategies, Stocks, thinly traded, US Dollar, US Equity, volatility, Welch, world's largest asset class
