Month: March 2008

Foreign stock markets were on fire last year, handily beating the U.S. market and drawing the attention of domestic investors. The Brazilian stock market gained 44%, Germany 22%, China 96%, and India47%. The U.S. market, as measured by the Standard & Poor’s 500 Index, gained just 3.5%. And that was not an isolated, one-year event: foreign stocks on average have […]

American mutual fund investors are spending a lot of money in a vain quest to beat the market, says famed finance professor Kenneth R. French of Dartmouth. French has made public preliminary results from his detailed study of the costs investors pay to own actively-managed funds whose goals are to beat the U.S. stock market. The estimated annual cost so […]