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Do you think mutual funds will once again become a good way to make money?
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Caveat Emptor 9:26 am on August 28, 2010
They have never STOPPED being a "good way to make money." What you need to realize is that mutual funds are designed for long term investing – not short term gains.
Johnny Wadd 9:26 am on August 28, 2010
just like all investments there are good funds and bad funds. if you invest in the bad ones you will lose money just like anything else.
-johnny wadd
Common Sense 9:26 am on August 28, 2010
The answer is… they always have been. Did you see the returns for 2009?????? Many funds did over 30% from March 2009.
Read: Mutual Funds For Dummies
Blog Promoter 9:26 am on August 28, 2010
I never thought they were in the first place. Sure, over an extended time period they will grow, but I get much better returns on my other investments than I’ve ever seen in a mutual fund.