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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.
Home / Markets / Industries / Retail
Wednesday, August 20, 2008
Boston Brides Set to Run
Comtex
BOSTON, Aug 20, 2008 /PRNewswire via COMTEX/ ----It's shopping as a full-contact sport, and the women who take part in the "Running of the Brides" at Filene's Basement in Boston wouldn't have it any other way.
The latest bargain stampede takes place this Friday, August 22nd, at the Hynes Convention Center in Back Bay. When the doors open at 8:00am many brides-to-be and their helpers will literally pounce on dresses priced from $249-$699 that might otherwise cost as much as $9,000.
"We promise our vendors that we won't reveal the labels, but I can say that these are well-known names featured regularly on the pages of popular brides' magazines," said Anna Podore, Filene's Basement's wedding gown buyer. Which is why, when the doors open, there is a mad dash to the racks -- held up by store employees so they don't topple -- and those racks are usually stripped bare in under a minute. Then it's time for the women to strip -- down to leotards, sports bras or even underwear -- to try on the gowns right on the sales floor.
If it doesn't quite fit, a seamstress can do the trick, and the bride can still come out way ahead. But what happens if a petite bride found she pounced on a size 14 dress in pink chiffon instead of a size 4 in white satin? That's when the real fun begins, as the women start bartering to find the right designer or size. It's a ritual that turns Filene's Basement into an old-fashioned bazaar.
Filene's Basement's "Running of the Brides" is being moved to the Hynes Convention Center at 900 Boylston Street, Boston while the original store in Downtown Crossing is undergoing renovations. The sale hours are 8:00am to 8:00pm. Checks, credit cards and cash are accepted; all sales are final. For more information go to www.filenesbasement.com and click on "Our World-famous Bridal Event."
CONTACT: Patricia (Pat) Boudrot
617-348-7273 or 617-680-3485
SOURCE Filene's Basement, Inc.
http://www.filenesbasement.com
Copyright (C) 2008 PR Newswire. All rights reserved
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