Very few mutual funds beat their index in any year. Over five years, almost none have done so. These mutual funds have expensive managers (and expensive research). Unfortunately for the shareholders, the managers do not add as much value as … Continue reading
Monthly Archives: January 2011
Technical trading is a method to extract as much commission from you as possible. Often, brokers will use terms like the “stock is above its 30 day average”, “head and shoulders”, etc. Technical trading claims to be able to predict … Continue reading
The first rule of finance is that there is no free lunch. Risk and return are related. You cannot have more return without taking more risk. Risk-free investments yield little or no return (like money market accounts). Very risky investments … Continue reading