Short Takes: Mutual Fund Scorecard, Credit Card Fatwa, and more

1. Larry MacDonald takes a look at the latest scorecard comparing Canadian mutual funds to their indices. I like the way Larry takes a thoughtful and balanced view. He correctly focuses on longer-term comparisons rather than just one year and points out legitimate concerns about the fairness of the comparisons.

2. Big Cajun Man finds some common ground with an Imam who declared a fatwa against credit cards because they contain usury.

3. Tom Bradley doesn’t think the ability to trade ETFs during the day is an important advantage over mutual funds. I agree. I’d be happy if there was trading for only one hour per week.

Comments

  1. 2 CentsFebruary 26, 2010 at 7:22 AM

    Thanks for including my post. Have a great weekend! I don't know about you, but I'm going to try to take in as much of the last moments of the Olympics as I can. (Go Canada!)

    ReplyDelete
  2. Big Cajun ManFebruary 26, 2010 at 7:59 AM

    Thanks for the mention and remember to keep your stick on the ice too.

    ReplyDelete
  3. WhereDoesAllMyMoneyGo.comFebruary 26, 2010 at 10:18 AM

    Thanks for the link. Cyber crimes are growing and growing. I had my gmail account hacked, and I'm seeing lots of people with hacked twitter accounts now. Scary stuff.

    ReplyDelete
  4. Million Dollar JourneyFebruary 27, 2010 at 8:13 AM

    Thanks for the link Michael!

    ReplyDelete
  5. larry madonaldFebruary 28, 2010 at 6:47 PM

    Thanks for mentioning my post and kind words. CC's post on Tim Horton's DRIP was an eye opener.

    ReplyDelete

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