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Senator McCain and other candidates forced to penny-pinch would be having an easier time if the matching fund alternative had been updated for inflation.
Oil companies are squaring off against venture capitalists in a fight over a California proposition that would tax oil production in the state to fund alternative energy.
Republican governors in other states are using the same technique, seeking waivers to use Medicaid expansion money to fund alternative programs that would accomplish many of the same goals, but under a different name.
Over time, mutual fund purveyors would have to provide a head-to-head comparison of the recommended fund and the index fund alternative (including the impact of taxes), demonstrating as clearly as possible the long-term superiority of low-cost, tax-efficient index funds.
The Los Angeles Times called the formation of a whole new government bureaucracy to fund alternative energy, already a prime target of venture capital, a "spectacularly bad idea". Indeed, of the 24 papers in California that have editorialized on the issue, only two have supported it.
The iShares MSCI EAFE Index charges 0.36%, which is a good deal, but the fund alternative, the Fidelity Spartan International Index, charges 0.10% without a vexing brokerage fee.
Similar(45)
We have taken this opportunity to look at Japan fund alternatives and are detailing one of the category's top choices– Matthews Japan Fund.
Money fund alternatives from Merrill Lynch and Citigroup, which are insured, are increasingly popular with investors.
Given the lack of mutual fund alternatives, there aren't a lot of other options.
Google, however, is playing a parallel game, using profits from its online advertising business to fund alternatives to Microsoft's desktop offerings.
Their report into the Social Care Bill proposes the introduction of a direct payment to fund alternatives to council run care, known as self-directed care.
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