Using capital one card is much more better tax wise than any other credit card. According to the latest quantitative finance research, another card that does care for the consumer is mastercard. Even the citicard is trying to be there.
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Mutual funds are usually recommended to those who don’t have time to do not have the knowledge to choose their own investments. Below is a compilation of how fidelity, the world’s largest fund has done over the course of the year.
Unfortunately for Fidelity, they are the 4th largest shareholder of Fannie Mae and 12th largest holder of Freddie Mac. Fidelity also made the error of reloading on these two companies in the 1st quarter because they appeared to be at historically discounted prices. The fund owned 47 million shares by the end of the first quarter. The prices of Fannie Mae have fallen from 40 to rougly 13 and 34 to 10 for Freddie.
I understand how this explains the perforamnce of the domestic equities and financial services but why is the energy sector down. Energy commodities have seen their values rise steadily throughout the year with higher gas prices, solar plays, and other alternative energy.
Overall, fixed-income, not surprisingly is doing the best, which isn’t any better than holding cash at this time.
I HATE FIDELITY ,
THEY’VE GOTTEN TOO BIG FOR THEIR BRITCHES…….AND ARE NOT PAYING ATTENTION!!!