Radical Guide to Investing: Why You Shouldn’t Buy Mutual FundsThis guide has moved, and is now The ETF Investment Guide at Seeking Alpha.com.
June 1, 2005 | Permalink
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Next Chapter link broken here too...
Posted by: Jim Richmond | Jun 12, 2005 9:47:29 PM
Perhaps you should change the title of this chapter to:
Why you shouldn't buy mutual funds . . . with high expenses, front and back loads, and poor management performance.
Looking at the average results for all funds and determining that no funds are worth investing in is pretty crappy logic, no?
While I use a collection of index funds as the basis of my asset allocation, I also have a couple managed funds with which I am very comfortable. These managed funds have low fees, no loads, and managers with strong long-term records. They weren't hard to find either.
Be selective in your fund investment -- yes
blindly pick mutual funds for investment -- no
Posted by: Zarley | Jun 15, 2005 12:56:05 PM
I agree with the first commenter - the title of this article does not match the content. The same points you make for buying ETF's could be made for creating a portfolio of inexpensive, no-load mutual funds, especially index funds.
Am I correct in assuming that the author does not find fault with a portfolio consisting entirely of inexpensive index funds?
Posted by: Dan | Dec 27, 2005 12:54:42 PM
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