Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Grampa Dave; BIGLOOK; SunkenCiv

Mutual fund companies have one primary objective: to make a profit. Unfortunately, this profit is not for you, but for them.


2 posted on 02/16/2009 7:18:12 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: rabscuttle385

All invested, all the time


3 posted on 02/16/2009 7:20:47 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: george76
Mutual fund companies have one primary objective: to make a profit. Unfortunately, this profit is not for you, but for them.

For year I've seached in vain for a mutual company that consistantly lost money. I wanted to invest there, but sadly, as soon as I found a loser they seemed to just go out of business.

4 posted on 02/16/2009 7:22:43 AM PST by Balding_Eagle (If America falls, darkness will cover the face of the earth for a thousand years.)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: george76
"Mutual fund companies have one primary objective: to make a profit. Unfortunately, this profit is not for you, but for them."

...and? I should hope they want to make a profit. I've been with Vanguard for years. I think they're excellent. Did my 401k go down? Well obviously. Is it worse than if I had spent half my life resaerching and buying bits of stock here and there? No.

6 posted on 02/16/2009 7:24:51 AM PST by cookcounty (Lincoln saw slaves in America and freed them. Obama saw slaves in Iraq and gave them the finger..)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: george76

Devise a diversified and comfortable asset allocation. Write an IPS and follow it. Rebalance periodically. Invest regularly. Stay the course.

That’s what I’m doing, anyway.


11 posted on 02/16/2009 7:37:52 AM PST by dinodino
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson