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The best thing to know with mutual funds is to know the facts.
86% of all mutual funds perform under the market
Mutual funds managed by fund managers usually cost you 1% to 2% in fees.
My personal opinion is that if you are doing mutual fund INVESTING (long term) and not mutual fund SPECULATION (getting rich quick) the best thing to do is to go with passively managed funds. These are mutual funds that seek to return the rate of the INDEX that they follow. These funds follow any index from the Dow Jones Industrial, to the S&P 500 to semi counductor indicies. The beauty of these funds is that you are gauranteed to math the market and, your fee is usally about .2% or . 1%.
In the long haul these are the best way to go. You are going to be inline with the market, but you are actually comming out a head because of the costs.
A kick ass book to read is "Greed is Good" The capitalist pigs guide to investing...... best book i have read
naz
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