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On the front page of Digg.com a week or so ago, was a story about Google before they had their IPO. The story was about how they wanted to protect their employees from stock brokers and money managers who would try to separate all the new Google millionaires from their money. Google’s senior VP Jonathan Rosenberg, brought in some of the most revered names in investment theory to teach them about the fine art of personal investing. Stanford University’s William (Bill) Sharpe, Burton Malkiel and John Bogle. All three had basically the same advice… don’t try to beat the market. Put your savings into some indexed mutual funds, which will make you just as much money (if not more) at much less cost by following the market’s natural ebb and flow.
Existing-home sales including single family
residences, condominiums, townhomes, and co-ops continued to move
downward in January, as did their median prices according to the monthly
survey released on Monday by the National Association of Realtors.
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