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Archive for October, 2011

Financial Trust Index lowest since Financial Crisis

Wednesday, October 19th, 2011

The latest findings from the Chicago Booth/Kellogg School Financial Trust Index show that trust in America’s financial systems has dwindled to 23 percent, on par with the earliest months of the financial crisis. The September 2011 Financial Trust Index shows a drop in trust of banks (down to 33 percent) and mutual funds (down to 28 percent).

Click here to read the latest findings. (Chicago Booth/Kellogg School Financial Trust Index, 10/19/11)

How Wall Street scammed Mom and Pop – again

Monday, October 10th, 2011

MarketWatch has an interesting piece on how the average investor gets diluted by Wall Street in the form of very high commissions, when investing in closed-end mutual funds.

Read the article: How Wall Street scammed Mom and Pop – again (MarketWatch, 10/10/11)