Daily Reads 7/1/2019
Hi, everyone. Starting this week, we get big news about Ally Financial Inc. cutting rates ahead of the fed. When it comes to index funds, being average is a benefit for stability, which is essential for a long-term investment strategy. Google expands its capability with instant podcast searches and listening now being included in search results. Women may get the rap as frivolous spenders, but it turns out that men are just as likely as women to make impulse buys. And Vanguard has recently broken the threshold of $1 million in ETF assets.
Rate on Marcus high-yield savings account cut to 2.15% from 2.25%
You don’t hear this one as much anymore but the old thinking around index funds from many professional investors used to be: Why would I want to own index funds and accept being average?
Last week, Vanguard became the second ETF issuer—after BlackRock—to cross the $1 trillion mark for ETF assets under management.
Taking a feature that was previously available only on Android phones, Google has launched playable podcast search results in desktop web searches.
Women may get the rap as frivolous spenders, but it turns out that men are just as likely as women to make impulse buys—and spend more when they do.