Chapter 28. Why Mutual Funds Can Be the Right Asset

Part 2 considered some of the potential problems with mutual funds, and rightly so, because typically investors are exposed mostly to the good points. The problems are conveniently ignored, particularly by those with a vested interest in doing so—for example, those selling load funds. Nevertheless, most of us are smart enough to know there are two sides to a story.

Part 3 showed how to be a smart mutual fund investor by dealing with some important issues head on and making good decisions. It is not enough simply to be aware of the potential problems. We must also know how to go about smart investing in mutual funds.

There is much good news about mutual funds. After all, 55 million households with ...

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