My friends recently picked up this investing book, and now, even though they have not ever invested a nickle, pick on me all the time for investing in mutual funds. Mine are pretty good--no load, low cost and my returns have been nice over the last three years. I have three, one agressive, one conservitive and an IRA. My friends quote me this book constantly--"Only 4% of mutual funds beat market since 1985", and "Funds are a scam". Me, I have a family, full time job and hobbies--I really dont need the exta time and stress sitting on Ameritrade. They are being such snobs, and its bugging the heck out of me. Are Funds that bad? Can I somehow get through my life without ever having to do stocks myself? Thanks!!
2007-01-04
09:42:22
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9 answers
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asked by
Justin R
2