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Audio: In these times, turn to growth-and-income and balanced funds
Steven McKee, editor of the No-Load Mutual Fund Selections & Timing newsletter, said that in times when the market gets nervous, the top-performing mutual funds tend to come from the more vanilla parts of the fund world. As such, McKee said in a radio interview that investors should be gravitating towards growth-and-income and balanced funds, which give management some flexibility to keep powder dry in cash or bonds, allowing for some protection at times when being fully invested can actually drag down performance.
MarketWatch.com

Villa for sale in Elche, Alicante, EUR 493,000
Detached villa in the area of elche. It benefits of a living area of 318 sqm with 5 bedrooms and 3 bathrooms. The plot has 2,500 sqm fully fenced. The property benefits of: garage, telephone line, solarium, built-in wardrobes, ...
kyero.com

U.S. job recovery will be slow, some say
The U.S. job market is facing heavy headwinds and isn't likely to improve in the short term, economists said.
Political Gateway

Markets end on positive note, Sensex up 715 pts
After a session of wild gyrations, bulls were back with a vengeance, covering short positions. The realty pack was in demand after being in the dumps in recent weeks.
The Times Of India

Preventing Investment Fraud
When the stock market is volatile it is a prime time for investment fraud. Con artists lurk everywhere trying to get rich from unsuspecting investors who are looking for ways...
About

Europeans get serious about insider trading
On June 18, when French authorities put a second EADS executive under formal investigation for insider trading, it was the latest reminder that European regulators were getting serious about cleaning up their stock markets. Insider trading has long been on the statute books in France. To date, however, only one Frenchman has ever landed in jail for the offense, even though the law allows for sentences of up to two years.
CNN Money

Manhattan real estate starts to soften
Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city's top real estate agencies.
CNN

Morgan Sindall shares suffer double blow
The UK construction group compounds a trading warning with an unexpected set of provisions totalling £58m relating to its £23m acquisition of two Amec divisions a year ago
FT.com

Stocks fight back
Stocks struggled higher Tuesday - with the Dow and Nasdaq pushing off bear market levels - after GM reported a June sales loss that was steep, but not as steep as had been expected.
CNN

Balfour Beatty says trading remains strong
Research ) said on Wednesday trading for the year to date remains strong despite fears over a slowdown in the commercial and residential property markets.
The UK News

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