Re: STOCKS, ETFs, OPTIONS, FOREX, COMMODITY TRADERS and INVESTORS in here
- From: nobodyk1 <nobodyk1@xxxxxxxxx>
- Date: Fri, 09 Nov 2007 08:31:51 -0800
On Nov 9, 9:09 am, kwv...@xxxxxxx wrote:
nobodyk1-- good for you at least for the moment. remember stock
market is unpredictable. anything that goes up will always come
down. several years ago i lost nearly one hundred thousand dollars in
stock market. today the world is unstable. i try to real careful not
to be so risky. i switched my investment to mutual funds. i
diversified them into different funds and currently they are doing
good, average about 15% return annually.
Kwv,
Thanks for the advice. My dad had investments in mutual funds for
over 10 years now, so I had the chance to scan over some of their
annual reports. After several years, I sort of came out with my idea
of investing in stocks that could be better than mutual funds. During
the 2000 and crash of the dot.com companies, my dad lost a lot of
money in mutual funds (I think over +200,000), which got me frustrated
and distrust of the MFs when "supposedly" they guarantee a return of
%5/ 5 year contract. However, if you know something about MFs, this
%5 return is just about the same about MFs charged for a load and no-
load fee maintanence for over the 5 year span. Luckily, now my dad is
investing no or one MF only.
I think you might be careful with MFs. Their fees are too much in
comparison to their return gains.
.
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