Biggest Investing Lies You're Being Told (Page 7 of 10)
Categories: Invest Wisely
Advertisement
Most Popular
- 10 Fabulous Freebies
- Get Your Share of Government Giveaways
- 11 Ways to Find Extra Money NOW!
- Save Money on Cable and Cell Bills
- 10 Insider Tips to Save Big at the Supermarket
- 11 Places to Find FREE Money!
- 12 Ways to Save Money on Life's Necessities
- 7 Steps to Boost Your Credit Score
- Energy Saving Tips For the Kitchen
- Biggest Investing Lies You're Being Told
Survey Says:
Advertisement
-
Lie #6:
"This mutual fund was HOT last year … let's BUY!"What a great reason to buy mutual fund because it had one good year ... probably not in 2008!
Over the past 10 years, many of the thousands of stock equity mutual funds have lost money.
If you're interested in mutual funds, check out the specific fund idea before buying at www.morningstar.com. We recommend only considering funds with a strong track record over, at least, a 10-year period. Find out our other guidelines in How to Pick the Right Mutual Fund.
RSS
