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Old 01-01-2006, 01:46 PM
Sniper Sniper is offline
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Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: Why do mutual funds get such a bad rap on here?

[ QUOTE ]
WOW!

Trained professionals managed to do twice as well on average as a passive tracker of the S+P 500!

This service is obviously worth us paying out billions of dollars a year in transaction costs and fees!

Im sure i couldnt do better than this with a little bit of dilligence and a service like motley fool, oh no!

[/ QUOTE ]

I just want to point out that he didn't post the Top 25 funds for the year... he posted the 25 largest funds!

While mutual funds generally get a bad rap as not being able to outperform the indexes, this year a significant number did. That doesn't mean that they will outperform next year, but it does mean that mutual funds shouldn't be completely ruled out as a way to outperform the market!

Individuals with the time to do their own research have many advantages over funds, but, not everyone has the time or desire to do their own research!
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