Sometimes, excessive bargain hunting defeats the purpose of saving money. Sometimes, when shopping around to save a few dollars, you expend two important, valuable things: gas and time. MSN Money suggest shopping smart.
Consumer spending in August fell, as did incomes. Blame it on Katrina if you want.
More on hedge funds: They’re not all that wonderful. Once the hedge-fund world is demystified, we find that it’s not all that different from other parts of the investment-advisory world. In other words, it includes a few very smart people who possess genuine ability to beat the market over the long term — and many who do not.
The article from MarketWatch suggests building your own hedge fund, and proposes a hedged portfolio built out of advice from top newsletters has as good a chance of succeeding as an average hedge fund.
Updated February 6, 2012 and originally published September 30, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.