Does Book Value Matter When You Invest?

Last week’s end of May sell-off in anticipation of possible interest rate changes by the Fed has made for some interesting investment opportunities.  When people panic-sell, they don’t think about the true value of investing – instead, they are looking to lock-in a profit or avoid losing a little bit of cash.  But long term investors should [...]

Closed-End Funds: The Ins and Outs

Hidden in the small cap corners of the investment universe are hundreds of closed-end funds overlooked by Wall Street. These funds do it all, from private equity-style investments in small companies to leveraged junk bond investments you can’t find anywhere else. Let’s look at the closed-end fund category and explore why investors might choose to [...]