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Profiling DR Horton

RightSide Advisors, Inc. is neither a registered Investment Advisor nor a Broker/Deal. Readers are advised that all information is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All opinions, analyses and information included herein are based on sources believed to be reliable and written in good faith, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no obligation to update such opinions, analysis or information. Owners, employees and writers may have long or short positions in the securities that are discussed.


Vanguard Veteran Sue Thompson Joins Barclays Global Investors ...

SAN FRANCISCO, CA -- (MARKET WIRE) -- April 09, 2007 -- Barclays Global Investors announced today the appointment of Sue Thompson as the new National Sales Manager of the Registered Investment Advisor (RIA) Team for the U.S. iShares Business. In this role, Ms. Thompson manages a team of 12 who focus on educating RIAs about how to utilize iShares Funds in their clients' portfolios. Ms. Thompson was formerly with Vanguard where she headed the National Full Service Broker/Dealer Sales team for Vanguard's Financial Advisor Services.

"We're pleased to have someone of such high caliber as Sue Thompson to join the iShares team to focus on servicing RIAs, who are key iShares clients and among the most enthusiastic in embracing iShares Funds," said Joe Linhares, Head of Institutional Sales for the U.S.


Schwab Institutional Announces Second Annual Impact Awards(TM)

SAN FRANCISCO, April 2 /PRNewswire-FirstCall/ -- Building on a successful program debut in 2006, Schwab Institutional, a leading provider of custodial, operational and trading support for more than 5,000 independent investment advisors, today began the call for nominations for its second annual IMPACT Awards(TM), an industry-wide awards program that honors independent advisors and firms. SEC-registered advisors who meet the eligibility guidelines are encouraged to participate - regardless of their custodial relationships. Nominations will be accepted April 2 through June 1, 2007 at http://impactawards.schwab.com/.

This year's IMPACT Awards program, which recognizes those who have advanced the independent investment advisory industry through their visionary leadership, operational excellence and technology innovation, will feature a new category, the Pacesetter Award, for an "up-and-coming" advisor.


Country Reports on Human Rights Practices - Russia 2006 (Part IV)

Human rights groups reported that following the 2004 hostage-taking in Beslan, police activity was stepped up in the Northern Caucasus. Increasing numbers of Muslims, both Russian citizens and citizens of the predominately Muslim states bordering the country, were charged with extremism. Some observers said that police harassment of Muslim clerics and alleged militants in the Kabardino-Balkariya Republic, including torture and the closure of all but one of Nalchik's mosques, were part of the government's reaction to the October 2005 rebel attack on Nalchik (see section 1.g.). The Caucasian Knot Web site and other human rights organizations reported in March that law enforcement officials in Kabardino-Balkaria continued to monitor children in schools who observed Muslim customs, after the phrase "Jihad is freedom" appeared on the wall in a Nalchik school.


Fidelity Stock Selector lags peers in past year

Q. Would the Fidelity Stock Selector Fund be a good choice for my Fidelity holdings? I am reallocating my funds with the company.

R.R., via the Internet

A. This blue-chip fund doesn't rest much. It has around 200 stock names, and its returns are similar to the Standard & Poor's 500 index. It is a very actively traded fund, with portfolio turnover of more than 100 percent a year.

The $837 million Fidelity Stock Selector (FDSSX) is up 10 percent over the past 12 months to rank in the bottom one-third of large growth and value funds. Its three-year annualized return of 10 percent places it in the upper one-third of its peers.

"In terms of performance, this fund doesn't have a lot to recommend it over an S&P 500 index fund, and there are better options at Fidelity for actively managed funds," said Jim Lowell, editor of Fidelity Investor newsletter in Watertown, Mass.


No condo crash here

With dollar signs in their eyes, thousands flocked to Toronto's convention centre a few weeks ago to hear The Donald trump up real estate investing as the way to riches.

Trump's hype, for which he was paid a cool $1.5 million, may reflect successes he's had with his ventures, but one must remember: He's erecting a sky-high, 68-storey condo tower in Toronto. And he hopes to cash in with sky-high condo prices of $2.3 million to $15 million.

The shovel, though, has yet to go in the ground.

Which leads to this: With reports like this one, entitled From Tech-Wreck to Shelter-Melter by the economists at BMO Financial, could a correction be looming for our housing market?

South of the border, where investors got sucked into a feverish buying frenzy in many hot spots, the meltdown has already begun.



 

 

 

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