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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.
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Monday, August 18, 2008
Chicago Magazine Delves Into the Daley Legacy
Comtex
CHICAGO, Aug 18, 2008 /PRNewswire via COMTEX/ ----Chicago magazine, the largest city monthly in the country, provides an in-depth look at the country's longest-serving big city mayor, Richard M. Daley, and how his legacy compares to that of his father. The September issue, which hits newsstands on Thursday, gives an inside look at the two men who have governed Chicago for 40 of the last 53 years.
"The Daleys have dominated this city to an astonishing degree," says Richard Babcock, Chicago editor. "Yet there's been very little effort to analyze how the two of them differ from each other or follow the same pattern."
Writer David Bernstein interviewed more than 30 people to create an intriguing portrait of Daley I and Daley II's administrations. From public works projects and city council relationships to race relations and corruption, the special report chronicles the way father and son have made the city work.
This month's issue also features a look at the parallels between Illinois Sen. Barack Obama and former Illinois Democratic presidential candidate Adlai E. Stevenson, and a look back at the long-running Chicago theater hit, Bleacher Bums, a timeless play about Cubs fans.
Elsewhere in the September issue of Chicago:
-- The Critter Hunter: Local nuisance wildlife expert Rick Wilberschied works to keep raccoons, skunks, opossums, bats and more from causing headaches for homeowners.
-- Suit Style: Local Chicagoland men show off their best formal styles for fall.
Chicago editor Richard Babcock, managing editor Shane Tritsch, and other members of the magazine staff are available for on-air interviews about stories in the August issue. Contact Michael Dizon at 312-222-3165 to schedule an interview.
About Chicago magazine
Chicago magazine is the largest monthly city magazine in the country, with a circulation of more than 175,000. In addition, the company publishes several other titles, including Chicago Home+Garden and Chicago Fashion magazines. Chicago magazine has been honored with many awards, including, in 2004, the most prestigious -- the Ellie award for General Excellence in its circulation category, bestowed by the American Society of Magazine Editors.
About Chicago Tribune Company
Chicago Tribune Media Group publishes the Pulitzer Prize-winning Chicago Tribune as well as related print and interactive media serving Chicagoland like RedEye, Hoy, Triblocal, chicagotribune.com and metromix.com.
Contact: Michael Dizon
312-222-3165 mdizon@tribune.com
SOURCE Chicago Tribune Media Group
http://chicagotribune.com
Copyright (C) 2008 PR Newswire. All rights reserved
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