Recent content by pms163

A benefit of Roth 401k is that you can put in $15k (or $20k in year you turn 50 or older) of after-tax dollars. With a standard 401k, you're limited to $15k (or $20K for >=50) of pre-tax dollars. (Amounts greater than this can be put in after tax, but you need to pay tax on earnings upon...

Another to consider is Trade King. $4.95 per trade. No minimums. https://www.tradeking.com/ Ameritrade's no-handholding izone is $5 per trade. http://www.izone.com/

IB is quite inexpensive ($0.005 per share, with max of 0.2% of trade value). And you can trade directly on many foreign markets. Not for the fainthearted though. No handholding whatsoever. http://www.interactivebrokers.com/en/accounts/fees/commission.php?ib_entity=llc

DBC You're pretty much right. DBLCI uses 6 futures: light sweet crude 35%, heating oil 20%, gold 10%, aluminum 12.5%, corn 11.25% and wheat 11.25%. Supposedly these reflect actual market ratios (using two representative commodities from each major commodity sector). The initial prospectus...

Sorry for jumping into this so late... For those that like ETFs, DBC may be a good choice. Tracks DBLCI, which is less heavily weighted toward energy than GSCI (which will tracked by the proposed iShares ETF). For an intro, see http://www.capitallinkforum.com/cef/2006/pres/01_rich.pdf

You might try http://www.riskgrades.com/

For an inexpensive broker, Interactive Brokers (IB) is good. Trades are $1/trade or $0.005/share, with a $10 minimum per month and no additional monthly fee for an IRA or similar account. If you're doing two or more trades per month, it's hard to beat. It has a few drawbacks -- e.g. no mutual...

He just looks for companies that are simultaneously "good" (quantified by high return on capital) and that are "cheap" (quantified by something similar to low price-to-earnings ratio). The bid-ask spread issue may be significant because these "cheap" stocks are generally cheap because they're...

You can limit the trading costs by using something like foliofn. For example, if you're a member of Pen Fed (as I know some here are -- to take advantage of high interest rates on CDs), you can do all your "magic formula" trading (about 5 trades per month, including buys and sells) for $60 per...

Has anyone read Greenblatt's "little book" about his so-called magic formula? Is this a "get rich quick" scheme that better belongs in the "Other" subforum? Here's a URL: http://www.magicformulainvesting.com