Stock picking: ETFs offer investors the ability to assemble a low-cost, diversified portfolio but their convenience tempts investors to partake in the trading game in which the only sure winners are the brokers and dealers of Wall Street. Photograph: Gianluigi Guercia/AFP/Getty Images

Vanguard founder and passive investing champion John Bogle sparked controversy recently when he warned investors to “beware” of exchange-traded funds (...)

Bubbly China and price-to-dream ratios The word “bubble” is grotesquely overused but Chinese equities are looking, well, bubbly.The Chinese market is (...)

With US government bonds yielding more than 2 per cent compared to infinitesimal rates almost everywhere else, investors have been busy selling euros to buy dollars. photograph: getty With US government bonds yielding more than 2 per cent compared to infinitesimal rates almost everywhere else, investors have been busy selling euros to buy dollars. Photograph: Getty

One story has dominated global market coverage in 2015: the incessant rise of the dollar. The scale and pace of the move has been remarkable. Last May(...)

Traders work on the floor of the New York Stock Exchange. Photograph: EPA/JUSTIN LANE

US interest rate hikes are coming but there’s no rush to do so, Federal Reserve chief Janet Yellen announced last week, an unexpectedly dovish message(...)

NYSE traders: stocks can underperform for long periods.. Photograph:  Brendan McDermid/Reuters

How much money should you put in global equities? Are bonds looking risky right now? Is an old-fashioned portfolio made up of equities and bonds suffi(...)

Traders work on the floor of the New York Stock Exchange. Photograph: Brendan McDermid/Reuters

Alibaba shareholders have suffered a torrid few months, shares falling from $120 last November to $81 last week, erasing some $100 billion in market v(...)

Party’s over: The Nasdaq lost 78 per cent of its value in the years following 2000. Illustration: Steve Lopez/Bay Area News Group/MCT via Getty Images

Fifteen years ago today, the dotcom bubble burst, ending the greatest market mania of recent times. What followed was market carnage on a grand scale.(...)

One might have thought that the FTSE 100’s ascent to record highs, coupled with the Nasdaq closing in on March 2000’s all-time peak, might catalyse a (...)

Trader Fred DeMarco watches a screen as he works on the floor of the New York Stock Exchange: The longer you hold equities, the greater your chances of a decent return. But how long is necessary? Photograph: Brendan McDermid/Reuters

Proinsias O’Mahony takes a look at the ups and downs of the stock market (...)

Warren Buffett:  a born investor who accumulated a $73 billion fortune while remaining indifferent to the trappings of wealth. Photograph: Paul Morigi/Getty Images

Warren Buffett’s latest annual letter looks back on his 50 years at the helm of Berkshire Hathaway, during which time the legendary Oracle of Omaha ha(...)