FOX Translator
No data currently available.
No data currently available.
In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
Home / Personal Finance / On Topic / Gadgets
Friday, July 25, 2008
Bionic Devices: No Longer a Science-fiction Fantasy
Dana Kochnower
FOXBusiness
It’s not quite the $6 million man, but bionic devices are no longer a science-fiction fantasy.
In the year since launching the iLimb hand, Scottish company Touch Bionics--a maker of upper-limb prosthetics--has undergone an aggressive expansion into the U.S.
The i-LIMB Hand has five individually-powered digits and is made of high-strength plastics.
In May 2008 Touch Bionics acquired the complete operations of LIVINGSKIN, which makes prosthetic skin to cover the iLimb.
In an interview with FOX Business Morning, Touch Bionics CEO Stuart Mead said more than 330 patients in 23 countries have been fitted for the hand, which costs about $60,000, a cost Mead says is increasingly being covered by insurance.
Click here to watch Mead on FOX Business Morning
FOXBusiness.com interviewed iLimb patient Keiron McCammon about his experience with the bionic hand.
Watch the clip below watch Keiron demonstrate the iLimb bionic hand.
After losing his hand in a paragliding accident in 2006, McCammon was determined to resume his active life. Within a few months of the accident, McCammon hit the slopes with his snowboard. In the two years since, he has resumed scuba diving, playing the guitar and has started a new venture, www.onehandedblogger.com.
McCammon said the blog came as an epiphany of sorts while in the hospital when his wife was having a hard time finding stories from other people who had gone through similar experiences.
He says he hopes charting his recovery and sharing how he overcomes the challenges of one-handed living can help others.
Two-and-a-half years after losing his hand, McCammon says he ultimately discovered “if you have the right attitude if you have the right mind you can get on to anything you want to do… and when you look back you say life hasn’t really changed. “
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
