27 February 2011

Laggard mutual funds should get the boot

Laggard mutual funds should get the boot : Still, many funds can significantly underperform the overall market. If you don't have faith in your fund's management and don't expect it to perform well in the future, you should sell, taking the loss. Why leave money there, either stagnant or falling in value, when it could be growing elsewhere?

Just as there are good and bad stocks, there are good and bad funds. We've recommended top-notch, low-fee funds in our "Rule Your Retirement" newsletter. Try it free at Read More...