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Despite a push for greener technologies across the board, consumers have been relatively slow to adopt electric cars here in the United States. In fact, only 1.5 million hybrids are currently on the roads in the country out of a total 250 million cars overall, while all-electric cars make up an even smaller amount that is more or less a rounding error when considering the overall car market. A major reason for this slow transition, in addition to the weak economy, has been the prohibitively expensive cost of these new vehicles. The difference between a hybrid version and the traditional one for the same make and model of a car is generally $5,000 if not more, depending on the quality and type of product in question, making it an easy choice for the cost-conscious consumer. [click to continue…]

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With the end of the year approaching, 2010 has seen the introduction of a variety of ETFs into the marketplace targeting numerous industries and countries. The majority of these new funds have given investors targeted exposure to countries and sectors, offering new ways to slice and dice the universe of investable assets within the efficient ETF structure. One fund which has popped up over the summer that caught the eye of many investors was the Global X Lithium ETF (LIT). Since debuting in late July, the fund has managed to amass close to $100 million in assets–an impressive start for a new product. [click to continue…]

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Equity markets started off in the red on last Monday and continued their downward trend on Tuesday after dismal housing data showed existing home sales plunged by more than 20% as buyers shied away from the market now that the tax credit for new purchases has expired. This news, compounded with new home sales on […]

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