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Managers may not earn the ax over one bad ‘season’
Investing a bit in mutual funds is a bit like running a pro football team. Everything is fine if you make the playoffs or see the progress you expected, but if a season ends and the numbers are ugly, you want to fire the coach.
Web startups analyze investment choices for younger investors
SAN JOSE, Calif. -- Silicon Valley, birthplace of personal finance and investment heavyweights like Intuit, Financial Engines and Mint, is percolating with new startups that help people manage their money and portfolios online.
Are exchange-traded funds a prime culprit in one of the signature afflictions of the markets today -- the tendency of huge swaths of stocks or other assets to swing dramatically up or down at the same time? Critics are pointing their fingers at ETFs. But evidence for their nefarious role is lacking.
Make progress or the playoffs in professional football, and everything's fine. Rack up ugly numbers, and you want to fire the coach. That's why, after every NFL season ends, some coaches always get the boot.