Why do mutual funds get such a bad rap on here?

[Mark Heide]

Hi Uglyowl,

Mutual funds get a bad rap due to management fees that you have to pay on them. Plus, performance of a fund for a year is not a good indicator of how that fund will perform in the long run. If you are going to pick a fund, look at a longer history, at least 5 years, and see if it outperforms the S&P 500 index, or if you don't want to do any work, just buy an S&P 500 index fund.

Good Luck

Mark