Quote:
Originally Posted by GregWeld
What I hate the most about FUNDS - is the comparisons -- because it's so hard to do... and there's so many BAD funds out there...
People say to me - man the stock market really sucks - my mutual funds are down 20% and I just want to slap them! Because somehow they think "their mutual fund" is hooked to the hip of the stock market... and they're NOT...
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Being the novice, it is hard for me to compare my funds to anything other than similar funds of it's kind. But they are so sliced up, I can't compare them to anything individual ..
A lot of my stuff doesn't follow the Market...Heck, some of my Gold funds don't even follow the price of Gold...
So I am still figuring things out.. I am just trying to limit my errors, and any
under performing..
but the process of learning, and the rewards of doing something, are well ....addicting..
P.S. If their funds are down 20%, they have the wrong funds...