Fashion Hats

Investment in small-cap growth fund grows nothing but heartache

I think your brokester must have been taking stupid pills and swallowed the whole bottle that morning. How could this schlump in good conscience recommend the SunAmerica Small-Cap Growth Fund (SGWAX-$9.95)? This fund has performed very poorly. But SGWAX will perform well for the broker, paying him a sweet 5.75 percent ($6,100) on your $107,000 purchase. And for the privilege of paying his commission, you get a 13-week performance of -16 percent, a three-year performance of -13 percent and a five-year performance of -12 percent. Certainly this boy could have presented some of SunAmerica’s better funds.

But who really knows? You and that numbskull could be right and righteous. There are still quite a few investors out there who remain convinced that the Dow will end higher in 2012 than it began at the beginning of 2012. They also believe that during the coming few years, the Dow will continue higher and reach record highs.

Source: Chicago Sun-Times

A property tax cap rebellion? « The In Box

by Martha Foley

Newsday is reporting that 34 of the 234 municipalities which have reported their budgets to the state Comptroller’s Office have voted to override the new state property tax cap. Thousands more have yet to report to the comptroller; some of them, including St. Lawrence and Franklin counties, have taken the preliminary steps of a public hearing and a local law that will allow an override if and when  local officials decide they can’t live within the 2 percent limit on increases.

The New York Times is also reporting local pushback on the tax cap today.

Each passing day seems to bring a new act of legislative rebellion. In just one week this month, on Monday, the Town Board in Hammond, in the Thousand Islands region, voted to override the cap; on Tuesday, the Board of Supervisors in Seneca County introduced a measure to do the same thing; on Wednesday, town officials in Massena, in St. Lawrence County, passed their own override; and on Thursday, the Town Board in Harrietstown, in the Adirondacks, followed suit....

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Military Cap box News

Investment in small-cap growth fund grows nothing but heartache

Chicago Sun-Times - Dec 31, 1969

Finally, Entergy (ETR-$65.16) is an integrated electric utility with a dividend yielding 5.1 percent. Please address your financial questions to Malcolm Berko, PO Box 8303, Largo, FL 33775, or email him at mjberko@yahoo.com.

Win Battlefield 3 T-shirts and caps!

EL33TONLINE - Dec 31, 1969

Battlefield 3 is the upcoming military-themed first-person shooter set in the modern-day that will span dozens of tight and expansive missions around the world, featuring DICE's signature affinity for realistic environment destruction to take urban and

HomeVideodrome: 'Captain America,' 'Jurassic Park,' and 'Winnie the Pooh'

Big Hollywood - Dec 31, 1969

Chris Evans, who previously played a Marvel's Human Torch in Tim Story's lackluster Fantastic Four films, fills the boots of Steve Rogers, the scrawny, strong-willed nobody destined to become the Cap himself. With the Nazi menace sweeping Europe,

Voters in Kyrgyzstan cast presidential ballots

msnbc.com (blog) - Dec 31, 1969

A cat resting next to a portable ballot box yawns during early Kyrgyzstan presidential voting at a house in the village of Strelnikovo some 25 km from Bishkek, Kyrgyzstan Oct. 29. A man wearing Kyrgyz national hat sits next to portraits of presidential

Playbook: Bush backers

Politico - Dec 31, 1969

TO TELL YOUR KIDS: Trick-or-treaters at the White House tonight will get little sacks with a White-House-shaped butter cookie, dipped and edged in orange frosting; a box of M&M's with the presidential seal;