Mutual funds didn’t do too well last year

We’ve already confessed our big investment boo-boo in a past post, but we also noted that the amount of money we invested was tiny compared to our overall net worth.

And our net worth, including cash on hand, earned income, stock price appreciation, dividends and interest, was up by more than 8.4%. Our stock portfolio was up 13.3%. And for the sharp-eyed among you, we used a lot of cash last year!

About a week ago, though, we noticed an interesting piece in our favorite financial newspaper, the WSJ, about Mutual Funds and how they did last year. Go ahead and read it here.

Do you really want to follow the advice of so many investment advisors and put ALL of your money in mutual funds? Even if you “allocate” them and “diversify” them?

We think the whole story is in the chart below:

Source: Lipper via WSJ


About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
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