Guest: Russ Kinnel, Morningstar’s director of mutual fund research talks with Andrew about fees, performance and the future of the fund business. Find out about the hidden trap with international funds while we ask if ETFs are going to replace the popular open-end funds.
Russel Kinnel is Morningstar’s director of mutual fund research. He is also the editor of Morningstar FundInvestor, a monthly newsletter dedicated to helping investors pick great mutual funds, build winning portfolios, and monitor their funds for greater gains.
ANDREW’s BOOK ON SALE HERE
Check out the Chapter on Mutual Funds
Also, in this episode, I read an email I received from a rather aggravated listener that asks why I can’t be more positive about the present market conditions and economic outlook. In response, I feel it is important to apologize and take back all of the bad things I said about the markets since June, 2007. Listen; it was all a joke, everything is fine..Everything is going to be fine… I am sooooo sorry that I was negative and helped to create a global market imbalance. I will make it right and put it all back in order now…I have the power!!!!!! (Yeah right!)
The ZachZone focuses on: Blackstone (BX), Fortess Investment Group (FIG), JA Solar (JASO), Yingly Green Energy (YGE) (DTWO), American Water Works Co. (AWK), and Intrepid Potash (IPI), Diana Shipping (DSX), DryShips (DRYS), Euroseas (ESEA)
Stocks Discussed in this episode: Capital One Financial (COF), Apple Compuer (AAPL), Google (GOOG), Bear Stearn (BSC), International Business Machines (IBM)