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Such factors are the ones to consider, says S&P analyst Todd Rosenbluth, along with fundamentals, risk, performance track record and cost factors. "Before making a selection, make sure to look at not just the gains the fund may have achieved this year, but also aim to understand the fundamentals of its performance, risk and cost factors," he said, in a statement. "This year's top fund could repeat their success in 2010 or be next year's bottom funds...

Author: /time Magazine | Title: Many Mutual Funds Are Up 50% in '09 — but Beware | 12/7/2009 | See Source »

Gold, that barbarous relic, is having a thoroughly modern moment in the spotlight. Its price in dollars ($1,170 per ounce when last I checked) is setting a new record every few days. Cash4Gold and its competitors have been flooding the airwaves with ads exhorting you to fork over your gold jewelry for dollars. And for the first time since 1971, when U.S. President Richard Nixon unilaterally yanked the world off the gold standard, gold is also attracting interest from a crowd that usually doesn't pay it much heed: the world's central bankers...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

Before the Obama Administration assumes that General Petraeus' track record in Iraq is transferable to Afghanistan, it should reflect more on a critical U.S. mistake in Vietnam. Much of the reason for the U.S. failure there can be traced to the assumption that General Edward Lansdale's successful approach to defeating the Philippine Huk insurgency would also work in Vietnam...

Author: /time Magazine | Title: Inbox | 12/7/2009 | See Source »

...have worked. ACB logged a record 480,000 hits in one day in early November; a slow day brings half as much traffic, according to owner Peter Frank, a sophomore at Wesleyan University who runs ACB out of his dorm room. The 19-year-old English major defends the site as a "student-controlled discussion space where the communities dictate what's talked about." Though the site does not "call for salacious gossip," he says, on a busy day he receives 40 requests to take down posts and "on a bad day, just a couple...

Author: /time Magazine | Title: Colleges Fight Back Against Anonymous Gossip Sites | 12/7/2009 | See Source »

...Penguin paid $100,000 for the English-language rights to Jiang Rong's Wolf Totem, a coming-of-age tale set in Inner Mongolia. It was a record sum for a Chinese novel. In 2008, the same publishing house issued, amid much brouhaha, Zhu Wen's I Love Dollars, a lively look at the dark side of China's boom. And it has just announced plans to bring more Chinese writers to the attention of international readers by expanding its Beijing operations...

Author: /time Magazine | Title: China's Orwell | 12/7/2009 | See Source »

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