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Old 13-02-2011, 11:26 AM   #3
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Join Date: Dec 2009
Location: Scotland, UK.
Posts: 3,201

Mutual funds are fantastic for a long term investment, like a savings plan, as mutual funds are equipped with traders who manage stocks employing a variety of strategies. You may ask why the employees in mutual funds are not trading on their own or being their own boss. This is because of the fact that the money they might have saved or earned would not be sufficient to manage a huge portfolio.
My Investment Gurus: Ed Seykota, Paul Tudor Jones & Louis Bacon.
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