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Carole Meitler
- Mar 6, 2020
- 5 min
Investor Basics: Mutual Funds
Whether you are new to investing or already have holdings in mutual funds, you may not fully understand what exactly mutual funds are, how they work, or how to choose from the many options available. In this installment of “Investor Basics” on mutual funds, I hope we can answer some of your questions. What is a Mutual Fund? Imagine 100 people in a room each throwing a $10 bill into a basket. Now there is $1000 in the basket. The 100 individuals have mutually “pooled” their m
Steve Coker
- 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
