Tuesday, October 4, 2016

More Evidence That All Things Financial Eventually Lead to Monty Python

October 4, 2016
Barron's: Increasing Interest In Bond EFTs Could Keep Costs Down

Investors poured $95 billion into fixed income ETFS in the first eight months of this year, up from the $87 billion for all of 2015, according to research from iShares provider BlackRock (BLK).

Exchange Traded Fund (ETF)? Electronic Funds Transfer (EFT)? Terrestrial juvenile phase of a newt (eft)? Hey, it's all good!



She turned me into a newt [eft]. I got better [past the headline].

Idiom: little things please little minds?

Guilty as charged. I find much amusement in the little things.

I actually feel sorry for people who need bigger and bigger things to amuse them. That's especially true, in our debt-ridden society, if they need to borrow more and more money to pay for those bigger and bigger things. Go figure.

2 comments:

Unknown said...

The etf giveth and the etf taketh away.

Stagflationary Mark said...

Eft me! Rise of the Newt!