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Originally Posted by Storekeeper  How many of you even bother to research if your fund manager is even invested in the fund managed ? |
I'd rather that a fund manager didn't. I look at the 10 year returns, although they don't reflect future potential. When managers change is when one should take notice on the manager.
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Nobody has said anything that can't be read in a variety of magazines. And anybody who bothers to read a few is armed with the same knowledge anybody has espoused here.
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This is common. There's not point in getting too deep with mutual funds.
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Mutual funds aren't about making money overnight anyway ... they're about being an investment vehicle for those who can put their money in something long term. And as mentioned for those who don't have a large sum to invest all at one time.
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I know. This is what I've been saying.