Thursday, October 29, 2015

Buying and Selling Managed Mutual Funds

                   
I never recommend managed funds for a variety of reasons, including high cost and often inability to emulate indexes. Managements change and you never know who really is managing your assets.
                       
What if the fund is not doing well? That does not mean an automatic sale. Market conditions may be the cause and not management inability.
                       
The major consideration should be fund cost because that is the only factor you can truly control. All other considerations are well beyond your possible knowledge. Cost is a huge factor in fund success. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
                   

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