Henry Guest
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Posted: Thu, Dec 2 2004, 11:31 am EST Post subject: The real trouble with mutual funds. |
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Money for Nothing
The real trouble with mutual funds.
By Henry Blodget
Used properly, mutual funds are powerful tools. They allow investors with little money and time to pool resources and benefit from the same services, information, clout, expertise, and economies of scale as large institutions. They also provide immediate diversification, without the hassle and cost of acquiring and managing a portfolio of individual securities.
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