or as they say at the ice cream stand, double dip, this fund will change its symbol from FUSEX to FU
Japan nuclear crisis didnt help stock sentiments
Record recent run-ups in the Dow / S&P didnt help
Federal Deficits and impending bankrupcy didn't help (by the way, since Japan cant afford to renew its Treasury Note(s) with the US Federal Govt, what will happen when they want to get their money back? Where will it come from? The crooked Feds might be forced into raising interest rates which is the last thing they want to do in order to coax Japan into renewing at a higher rate.
Index mutual funds (WTF??))) Vanguard 500 (VFINX) is the granddaddy of S&P 500 investments. It's one of the largest mutual funds in the world and it was the first index fund to track the S&P 500. It's a great option for many investors, given its low 0.18% expense ratio. Fidelity Spartan 500 (FSMKX) is Fidelity's answer to Vanguard's 500. While Fidelity isn't known for its index funds, Fidelity Spartan 500 is compelling since it has an expense ratio of 0.1%, which is even lower than Vanguard's. E*Trade S&P 500 Index (ETSPX) is offered by online discount brokerage E*Trade. The 0.09% expense ratio is a tad lower than Fidelity's, which is interesting, but probably not enough to get you to switch. But if you have an E*Trade brokerage account you may lean toward this fund because it can be bought without a commission.