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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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Tuesday, July 08, 2008
Big Sur Basin Complex Fire Update: Tourism Lodging & Attractions in Monterey, Carmel, Carmel Valley, Pacific Grove, Salinas, Sand City, Marina and Seaside 100% Open
Comtex
MONTEREY COUNTY, Calif., Jul 08, 2008 (BUSINESS WIRE) ----Big Sur lies 160 miles/258 km south of San Francisco and is a 45 minute drive south along Highway 1 from Carmel and the Monterey peninsula. As firefighters continue to work on containing the Big Sur Basin Complex Fire, other than Big Sur, Monterey County's top tourism attractions including 25 golf courses, the Monterey Bay Aquarium, Cannery Row, National Steinbeck Center, Monterey Bay Marine Sanctuary, Pebble Beach, Carmel, Pacific Grove, Mazda Raceway Laguna Seca and the 17-Mile Drive are open and unaffected. No commercial structures in Big Sur have been damaged, including all hotel properties and tourism attractions.
The Basin Complex fire is located in the Los Padres National Forest and Ventana Wilderness, far removed from the cities of Monterey, Carmel, Carmel Valley, Pacific Grove, Sand City, Seaside and Marina. All area hotels, restaurants, beaches and attractions are fully operational. Given the prime Pacific Coast location of Monterey's key hotels and attractions, air quality changes daily due to the fire's location and wind factor. Many days, the region has been clear of smoke. For air quality information and daily updates, visitors can contact Monterey Bay Unified Air Pollution Control District at www.mbuapcd.org or 831.647.9411.
Tripadvisor's(R) #7 ranked destination - Carmel - and #19 - Monterey - (2008) welcome summer visitors with a wealth of options, from the vibrant Cannery Row's 50th anniversary celebration to pet-friendly focus and leash-free beaches of Carmel-by-the-Sea. A full roster of summer events are on tap to round out a visit, including the Carmel Bach Festival (July 19-Aug. 9), Salinas' 28th Steinbeck Festival (Aug. 7-10), 16th Annual Winemakers Celebration in Monterey (Aug. 9), Pebble Beach's Concourse d'Elegance (Aug. 17), Sand City's artist West End Celebration (Aug. 22-23) and Monterey Bay ReggaeFest (Aug. 29-31). Full event listing: www.montereyinfo.org.
VISITOR INFO.
Monterey County is located 120 miles/192 km south of San Francisco and 345 miles/552 km north of Los Angeles along the classic California corridor. The region boasts 99 miles of prime Pacific Coastline, the Monterey Bay National Marine Sanctuary, three historic missions, 40,000 acres of premium vineyards, 25 golf courses and nearly 200 lodging properties. Monterey County includes the Monterey Peninsula, Big Sur, North County and the Salinas Valley. The Monterey Peninsula Airport (MRY), just three miles from historic downtown Monterey and minutes from the area's major attractions, is served by non-stop flights to and from Denver (DIA), Salt Lake City (SLC), Las Vegas (LAS), Phoenix (PHX), Los Angeles (LAX and ONT), San Diego (SAN) and San Francisco (SFO). www.montereyinfo.org.
SOURCE: Monterey County Convention & Visitors Bureau
KOLI Comm. Koleen Hamblin 800-487-9057 link2koli@aol.com or Monterey County CVB Katie Besmer 831-657-6409 katie@mccvb.org
Copyright Business Wire 2008
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