Difference Between Mutual Funds and Unit Investment Trusts
The article explains mutual funds issue and redeem shares at end of day net asset value with flexible share counts, while unit investment trusts hold a fixed portfolio until a predetermined liquidation date and trade on the secondary market with possible prices above or below net asset value. It notes sales loads for UITs and mentions efficient markets theory with reference to Burton Malker's A Random Walk Down Wall Street.
MENTIONED IN THIS ARTICLE
Itsanager
Burton Marker
Wall Street
WW Norton & Co
My Dumbest Investment and a Consumer Tech Giant Riddle
A reader recalls buying Chrysler at a low price after a broker warned against it and learns that a stock near a two week low can mislead. The Motley Fool asks readers to send in lessons and to identify a Fort Worth based consumer electronics retailer with multi billion sales and thousands of stores and a popular slogan.
MENTIONED IN THIS ARTICLE
Chrysler
Pennsauken
Matley
America
U.S
Fort Worth
The Lotteries Myth and the 76 Million Odds
An analysis argues lotteries drain funds from households despite remote odds of winning. It compares the 76 million to 1 probability with large audiences and aging baby boomers, calling lotteries a tax on math skills. It highlights opportunity costs of ticket spending and potential future wealth loss.
MENTIONED IN THIS ARTICLE
America
USA
Kun Philips
Chicago
Hasbro the Toy Giant Founded in Rhode Island in 1923
The Hassenfeld brothers started Hasbro in Rhode Island in 1923 as the No 2 toy company. Brands include Mr Potato Head Monopoly Play School Play-Doh Tonka and Parker Brothers. In 1998 a Family Game Night campaign launched while 1999 revenues rose 28 percent and earnings 30 percent.
MENTIONED IN THIS ARTICLE
Hassenfeld Brothers
Ocean State
Monopoly
Milton Bradley
Parker Brothers
Wizards of the Coast
My Interactive
Hasbro
Alexandria
Selena Spiri
Home Depot poised to weather slowdown with rapid store growth
The Motley Fool notes Home Depot aims to expand to over 1,900 stores by 2004, about 22 percent annual growth, with Expo Design Centers and Villagers Hardware as smaller concepts. US expansion includes 11 Expo Centers planned this year and two Villagers openings, positioning the discount retailer to boost consumer visits and sales.
MENTIONED IN THIS ARTICLE
Home Depot
Wal Mart
Costco
United States
Villagers Hardware
Fapo Design
Wal Marts
Gatorade's rise from UF science to global beverage icon
University of Florida researchers developed Gatorade to combat dehydration in 1965, earning the Florida Gators a reputation as a second half team. Quaker bought rights in 1965, then PepsiCo and Coca Cola compete for dominance as Gatorade expands to 15 flavors and signs major endorsements.
MENTIONED IN THIS ARTICLE
Ltu
University of Florida
Gators
Stokely van Camp
Quaker
Gatorade Sports Science Institute
Michael Jordan
Gatorade
Merger Activity Slows Amid High Rates and Antitrust Scrutiny
Mergers from last year into this year slowed as Fed rate hikes raise acquisition costs and Nasdaq declines depress deal values. Experts cite antitrust probes, including Microsoft and WorldCom Sprint, plus United Airlines and US Airways merger concerns, as factors prompting a market pause.
MENTIONED IN THIS ARTICLE
Fed
Jack Levin
M&a
Harvard Law School
United Airlines
US Airways
Morton Pierce
Dewey Ballantine
New York
Stull
Pierce
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