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S&P 500 Index Funds Are a Poor Investment Choice
Why broad-based index funds such as ones based on the s&p 500 index are a bad choice for investors.
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FINANCIAL MARKETS SUMMARY for the MONTH ENDING 05/30/2008
The month of May ended mixed for US stock indices with the DOW down 1.4%,the S&P 500 up 1.1%,and the NASDAQ up 4.6%. Overseas markets were also mixed with major markets in Europe & Japan treading water while the emerging markets were solidly higher. The top stock sectors were Oil & Gas up over 6% and Basic Materials up 4%. Commodity prices as a whole rose 3.2% with oil leading the way with a 12.4% gain for the month.
Tony Daltorio, Investing Editor
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