Search


Steve Coker, CFP
- Mar 11, 2019
- 2 min
The Cost of Chasing Fund Performance
It’s so easy to do and seems so reasonable. If you have a mutual fund that is underperforming, why not simply swap it out for a fund that is doing well, like firing a bad employee and hiring someone new, or changing your cell phone provider because you had too many dropped calls? Unfortunately, moving your investments out of funds that have had below-average return, and moving the money to another fund with stronger performance over the past few years, sometimes called ‘Cha