Verdict: the Pope is not catholic.

This episode of Frontline is helpful to watch when evaluating the actual worth of actively managed investments. Remember, the only investment professionals who have a fiduciary duty (ie have to act in your best interest like doctors and lawyers) are called “fiduciaries” and generally these don’t work for big banks.…

I believe this is the reason for the growth of EFTs. Since they are not managed, there is no fee associated with them. Like mutual funds, they follow a particular philosophy but the security does not buy and sell stocks. For example, Spiders (SPY) follow the entire S&P 500. It’s highly diverse, but since nothing is…

Saratoga is in no way north of Cheyenne on I-25. Saratoga is about 2 1/2 hours WEST of Cheyenne, using I-80 and Highway 230. 2 hours north of Cheyenne on I-80 will get you to Douglas.