Daily Stock RSS

Closed-end firms are seen as a more conservative investment, but the long-term returns are generally lower.

Since shares are being continually bought and sold, the open-end firms appraise their shares twice daily. Examples: Keystone Custodian Bl (high grade) and B2 (medium grade), Bond Fund of Boston, Manhattan Bond Fund, Group Securities General Bond Fund.


The balanced fund is one that maintains a goodly portion of its resources in bonds and/or preferred stocks and places the remainder in common stocks. Examples: Eaton and Howard Balanced; Scudder, Stevens and Clark Balanced; Boston Fund; Wellington Fund.

The diversified common stock fund comprises the largest group in total membership. Examples: Axe-Houghton Stock Fund, Broad Street Investing Corp., Commonwealth Stock Fund, Loomis-Sayles Mutual Fund, Science and Nuclear Fund.

The shares of closed-end firms are usually common stocks, bought and sold through the stock exchanges or the over-the-counter market.

=========================
Who Else Wants An Easy-To-Use Guide To Successful Stock And Bond Investing?
Visit: http://www.stockandbonds.org

=====================

Major stock indexes ended down more than 2 percent Tuesday after the U.S. unemployment rate hit a 26-year high.

Many forecasters now expect the U.S. economy to begin growing later this year. But it probably won’t feel like a recovery for most people. By John W. Schoen.

Oil prices tumbled to their lowest level in a month Thursday following the release of woeful job numbers in Europe and the U.S.

Out-of-work with no place to land, the legions of America's unemployed are growing. The nation's unemployment rate rose to 9.5 percent in June, a 26-year high.

Orders to U.S. factories jumped in May by the largest amount in nearly a year, another sign that the nosedive in manufacturing is nearing an end.

Brighter news on manufacturing is offering more hope that the longest recession since World War II is near an end.

Pending home sales rose in May for the fourth straight month, fresh evidence that the housing sector may be recovering, a private group says.

U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday.

The California Senate has shut down for the night after failing to approve a stopgap plan to stave off the need for IOUs and ease the state's $24.3 billion budget deficit.