Motley Analyst, Gaby Lapera talked with Jordan Wathen about index funds. Wathen shared the reason why index fund were popular. He shared that it is so benefial for investors.
Industry
Greylock Partner Exposes $1B Fund Raised
Greylock Partners has raised $1 billion fund for its newest startup, San Franciso. For 50 years now in investing in the web, Greylock Partners has funded the frontrunners in the IT and consumer internet categories such as LinkedIn, Dropbox, Facebook and Airbnb.
Brent Improves After Russia Announces Output Deal
The Russian president expressed his support to OPEC. He announced that Russia is ready to join it. OPEC urged other non-members to give their commitments.
Fund Investors & Bull Market Faces Test For the Rest of the Year
Gary Fullam, the investment adviser of Global Investment said that though U.S. stocks had risen its gain, still it is not a reason to celebrate. Firms are still threaten of the bull market.
US Stocks & Sectors Rise, Energy & Apple Moves Higher
U.S. stocks rise its gain. It leap up so high and while other stocks plungeto the lowest blow. Apple takes over Samsung, as it suffers from production for the replacement of the recalled unit. Other firms are enjoying its net as it rise up to a certain degree.
Latest News
There are to three mutual funds that Invesco offered to investors. Invesco explained each of the features and highlighted its uniquely quality compared to other mutual funds.
The best performing sector as of midday Friday is the Utilities sector, which displays a stellar performance amongst others, up 0.2 per cent.
A new senior vice president has been announced by Inland Securities Corporation. Denise Faber has previously worked at John Hancock Financial and has hold several positions related to investments prior to joining with Inland Secuities.
AimCo's CEO is pleased to announce their partnership with Journey Energy Inc. Journey released 4.95 million investment. AimCo was so happy that it has victoriously enterted a strategic financing firm with Journey.
Not gaining enough support, Oracle threatens to end NetSuite deal. Oracle has threatened to pull out $8. 8bn bid for cloud software with company NetSuite due to lacking support for the latter to pursue.
Facing a lot of depressions due to vast change in its country's economy, Nova Lifestyle Inc. appoints new Interim CEO, Thanh Lam.
Sigmar Gabriel, the economy minister of Germany urged the government to put up more investments. He stressed out that there should be more schools to be put up, infrastructures such as road as well as in education. In his speech he asked to push more welfare handouts of the solid public finances.
Despite overwhelming profits from gold this year, gold managers suggest caution to possible risks of deficit.
The NBA players cast their votes for the benefit of the retirees. It was a unanimous vote. They are hopeful that taking this step will help in the future for NBA players careers mostly end after serving four years.
