2007-07-29 14:00:19 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Yes, over the years they return a decent amount of gains and are mostly tax deferred until you sell but you will have some taxable income each year.
2007-07-29 14:10:41 · answer #1 · answered by shipwreck 7 · 0⤊ 0⤋
I read an article on the Motley Fool investing site that pointed out how much fees and maintenance costs can eat into mutual fund earnings in the long run.
You might be able to find the article here:
http://www.fool.com/
2007-07-29 21:39:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depends on market!! How much money U invest,how long money tied up,I have MF now,matures in 7 years.If U need access to your money B4 term,stay away from MF !
2007-07-30 12:09:06 · answer #3 · answered by ? 5 · 0⤊ 0⤋
How much are you talking about? Under $25,000 they are great. Over that, find 10 good companies in different industries or find yourself a broker.
2007-07-29 22:05:26 · answer #4 · answered by bellcurve 1 · 0⤊ 0⤋
A Big Fat Yes!
2007-07-30 15:06:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋