This Web site contains a compilation of more than a thousand consumer finance
columns written by Tony Novak from the 1980s through 2006, updated and reformatted for
maximum usefulness today. New material was added after
2010.
Content is the opinion of the author and does not represent the
position of any other person or entity. Information is from sources believed to
be reliable but cannot be guaranteed.
The author is paid for product endorsements and has an ownership or
other financial interest in the businesses related to the topics
covered.
Submit consumer finance questions at OnlineAdviser.org and health insurance questions at
OnlineNavigator.org
FreedomBenefits.net Insurance Exchange
- your source of valuable information on state and federal health reform
benefits.
Core Health Insurance
- America's favorite mini-med insurance with affordable premiums, freedom
to choose providers, optional PPO discounts and guaranteed eligibility
regardless of medical conditions.
Please support the Web sites that make publication of AskTony
services possible.
Amaranth loss hurts hedge fund investors
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: Will my investment results be
hurt by the Amaranth bankruptcy?
A: Ameranth's multi-billion
losses that made headlines this month in the natural gas industry will
likely be the largest investment disaster of 2006 but the loss is
primarily limited to the owners of hedge funds. A large number of hedge
funds owned interests in Amaranth. We do not use or recommend the use
of hedge funds, and this is just one more reason to stay away.
Summary
More resources:
Eligibility for Short Term Health Insurance
International Traveler Insurance
