Should I Buy Into A Mutual Fund? -- Stock Investment (3)
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Thanks for the info!
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You forgot to mention that some mutual funds acutally will go down with the indexes and you as an owner lose money even when the mutual fund was actually making money.
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I was in the mutual funds for 10+ years. they came up with cute names such as Tax Tamer, Tax Max just to name a few.
Boy what an experience. After 10+ years of what the so called fund managers told us it was all about how much they could get in a month off their comission.
Yes, when I got back to where I was 10 years ago I got my money out and found some good 5% CD. Man I made more money and no rotting of my principal.
"They will invest it til it's all gone"
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As I said, never let people play with your money. Play it yourself. If you don't know how, learn!
stockfessor 3 years ago