Yahoo Geocities is Closed..

Hey, do you remember Yahoo Geocities? Or were you using it lately? Sorry for some bad news; its closed now.  I remember building my first few Internet pages on Geocities and then moving on to my rediff.com account to create some personalized web pages.

I was doing my MBA some 7 years back when I was using the geocities.. so it took some time for me to recollect what it really was!

There are a lot of alternatives now though which allow you to create custom pages. The bloggers are pretty good at push button publishing, but I think for making some Internet pages, if one couldn’t afford or technologically build up a web site, it was a pretty good alternative.

I believe this is another closure of business from Yahoo after they closed the Yahoo Photos site of theirs. I think adopters of the web in the early 2000’s would have used these sites and would have loved Yahoo for all the bouquet of services they offered! Some nostalgia of course…

Hope not sto see more Yahoo services being closed out.. wish you luck Yahoo.. there needs to be some competitor to Google right?

Exchange Traded Securities

Hello, have you heard of exchange traded funds(ETFs) the now popular investment instruments for financial investors? Well, if not, here are some notes on these instuments. ETFs are quite wonderful instruments, to understand, are something like mutual funds being composed of a basket or portfolio of securities, but the best part is that unlike the mutual funds, these can be bought and sold on exchanges just like stock..so just providing that special edge required especially in these choppy and volatile markets.

To take the discussion a bit further, these ETFs typically constitute their portfolios by being based on an underlying “Index” chosen by the issuer. So, these ETFs try to replicate the movement of the Index by creating a portfolio of stock with the same constituent stocks as the Index and in the same ratio as in the Index. The portfolio thus created, forms the base for the ETF and in effect shares of this investment portfolio are offered as ETF shares.

The popular ETFs and ETF companies are Realty Funds Inc. offering the “Adelante Shares” range of Real estate exchange traded funds, the popular iShares from Barclays, PowerShares from Invesco, NETS ETFs from Northern Trust, Vanguard ETFs, WisdomTree ETFs , the Spiders or SPDRs from State Street, HealthShares, Claymore ETFs and many others.

From the list of the issuers itself we can assess the popularity of these instruments. Each of these issuers further issue tens or some even a hundred and more ETFs. The ETFs from these various issuers are based on a variety of aspects like some issue ETFs based on the various sectors of industry like the WisdomTree International Basic Materials Sector Fund, Intl. Communications Sector Fund, Intl. Energy Sector Fund and some choose to create funds based on performance of Indices in different countries like say, NETS TOPIX Index Fund based on Japanese securities, WisdomTree India Earnings Fund etc. Some other areas on which the ETFs could be based on are Growth or value prospects like from iShares, disease and medicine company based like from HealthShares etc. So, each issuer chooses a specturm of areas and opputrunities to target their ETFs on, so that investors can pick and choose the geography or Index or a sector on which they would like their ETFs to be based on.

The World is small!