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Se Vende — the Costa Rican Used Car

Se Vende — the Costa Rican Used Car

Costa Ricans, or Ticos as they like to be called, are the first to volunteer the fact that their otherwise refreshing approach to life is not compatible with automobiles. “We drive like lunatics,” is a comment I’ve heard from more than one Tico. When the topic is the purchase of a used car in Costa Rica the narrative is, “Don’t believe what anyone tells you…”

Bathing in Risk – the 90 Day Equity Wash

Bathing in Risk – the 90 Day Equity Wash

The takeaway for investors is that the paranoia on the part of the stable value managers has resulted in real life limitations. Many employers will offer only a stable value or money market option – not both. If there is no competing option, then there is no need for an equity wash.

What is a Stable Value Fund?

What is a Stable Value Fund?

Stable value and money market funds have more differences than similarities. These differences do not necessarily make one better than the other but it is fair to say that the average stable value fund should credit a higher rate of interest than the average money market fund over the long haul.

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