Definition of Risk: Yours vs. the Mutual Fund Manager's
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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"
dhansel001 3 years ago