Sanders for Congress - Keep Hope Alive!

Indiana Pacers 2006-07 Preview
One of the most disappointing teams for the past few seasons, the Indiana Pacers have been on a steady decline ever since their former small forward Ron Artest charged into the stands to attack Pistons fans. After losing his replacement, Peja Stojakovic for almost nothing, they find themselves without championship caliber talent for the first time in half a decade.

Turbonetics CEO, Joe Hige, Nominated for Election to SEMA's Board of Directors
Joe Hige, CEO of Turbonetics Inc., the Simi Valley, California based manufacturer of high performance forced induction systems to run for SEMA's board of directors

Spectacular Light Show Available in the US From 3 P.M. PST: The Gemenids Meteor Shower Will be Broadcast from Israel via the Internet on December 13,
The Bareket observatory in Israel and Global-Rent-a-scope, an international remote telescope time rental service, announced today, for the first time in recorded history, a new, spectacular meteor observing & detection service, and available, at no cost, to anyone in the world with an internet connection.

American Legion, Department of Indiana Exclusively Endorses Indiana Funeral Care & Veterans Funeral Care
The American Legion, Department of Indiana exclusively endorsed Indiana Funeral Care and Veterans Funeral Care for their expertise in veterans funeral benefits. This is the first time an American Legion department has endorsed funeral services providers.

General Wilmot Creates Blog to Comment on Iraq
General Richard Wilmot (US Army ret.) has created a blog, which documents his views on the situation in Iraq.

Mutual Fund Selection Made Simple By Indexing!

Non-indexed mutual funds try to keep it secret that actively managed mutual very funds rarely do better stock market indexes. The higher fees of the managed funds really make it hard for these funds to out compete indexed funds. Smart financial journalists occasionally rat out fund managers for not educating the public in this regard. When this happens the mutual fund managers make a feeble attempt at self defense by pointing to something called the 5% rule.

This rule says that for a fund to market itself as diversified it cannot have more than 5% of 75% of the funds total assets in a single stock. In other words, a fund can have 25% of its holdings in a single stock, but the remaining 75% must follow the 5% rule. The 5% rule was created by the Investment Company Act Requirement. Fund managers claim that this hampers their performance instead of admitting that they are in the business just to clip you for high fees while the mutual fund under-performs the general market.

The truth is that the big killer is the herd mentality of active fund managers. They follow each other around buying and selling the same junk. They flock to the same familiar companies and often overlook the new, obscure companies that show great promise. They take great comfort in knowing that, even if their fund misses out on a great opportunity, most of the others in its group will too. They also know that they can pull their huge fees out during the whole time your retirement savings are parked in their fund. Over the years they spend a lot of marketing money to make you think that they actually care.

That is certainly not the attitude I want the manager of my retirement to have! You should be asking your self why the mutual funds don't just mimic the same portfolio stock composition as a major index like the S&P 500 stock market index. Well, some have and those that are indexed out perform actively managed funds at the minimum management cost. For this reason I strongly recommend that if you can only buy mutual funds as in the case of the 401(k) then restrict your purchases to indexed funds like the Vanguard 500 (VFINX).

ABOUT THE AUTHOR: Dr. Scott Brown, Ph.D., a.k.a. "The Wallet Doctor", is a successful futures trader, real estate investor, and stock investor. Dr. Brown holds a Ph.D. in finance from the University of South Carolina. His 1998 articles in Technical Analysis of Stocks and Commodities were prophetic in predicting an impending stock market crash. He has helped many people become profitable investors by teaching them to look out over many years to spot stocks that are low and primed for rise in the new bull market. His second article met with approval by Dr. Bob Shiller of Yale University. Dr. Shiller is the economist that Alan Greenspan most highly regards who coined the term "Irrational Exuberance." In 1998 he shouted to the world to "get out" of the stock market but now he is shouting to everyone that it is time to "get in!" The Wallet Doctor is not only sought after for investment advice and coaching in stock investing but also in futures trading and real estate investing. Visit Dr. Brown's site at or sign up for his investment tips at


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