http://www.thestreet.com/story/10450629 ... unity.html
BTW: I do not personally use mutual funds. Too slow, not enough return. Even my Roth is a self-directed brokerage account.
I guess this is the right place for the topic I want to share. I apologise if I am posting at the wrong place.
As this thread is related to the mutual funds, I would like to share some of the topics from where you can do your project in Mutual Funds from Marketing specialisation...
1. Study of Perception of Financial Intermediaries regarding Mutual Fund business.
2. Study of Investors Perception about Mutual Funds
3. Distribution of Mutual Funds through various Channels.
4. Marketing Activities undertaken at Mutual Fund Houses.
5. Seven P's of marketing in Mutual Fund.
6. Market Potential of Mutual Fund.
7. Marketing of Mutual Fund.
Speaking of mutual funds, and my rejection of them, consider the following:
If I buy 10,000 shares of a stock for $2 a share and it goes up ten cents a share that day, and I sell it, I gained $1,000 right? Now that was a $20,000 investment. If I had invested $20,000 in a mutual fund that same day, could I have made a thousand dollar gain AND be back in a cash position the same day? That's why I don't use mutual funds.
Right after my divorce I invested $3,000.00 in a MF. It lost half its value in less than a year. The broker helped me to restructure it, and, I made back $300.00. However, given the fact that it cost me $40 in maintenance fees every year, over a 10 year period I actually lost money...
They kept calling me and asking me to invest MORE money with them. I declined politely and told them that I was keeping the account only to remind myself how stupid I was to give them any money in the first place...
Long story short, I pulled the money out finally this spring to pay in part for a new condensing unit for my air conditioner...
TSP so far has been reasonable. I am currently fully invested in the I fund. By the way, I made 24K (of my October 2007 high) in the last 3 months just being invested in the I fund. I am down still down 37K from my October 2007 high -- so, I am on this site to figure out how to regain that and make more... Not sure how much more risk I want to take since I have 9 years until I can retire.
My opionion - if a financial middleman is losing you money, he needs to hang it up. Everyday I look at these TSP advisory services on the side bar, and only one is not in red. Hundreds of average joes are beating these so-called "professionals"?
Yup!! Mutual Funds sure are evil.
No financial middleman. ProFunds creates and sells direct. No fees to buy or sell. Can trade daily but not intra-day. This works for me. I research 10- and 50-day simple moving averages (sma) on 14 funds and look for a specific pattern that gives me 4 to 16 days (usually of consistent gains and then get out.
Pending AllocationsUnder development. For now, you may view Pending Allocations by going to "fantasy TSP" and selecting "Leaderboard sort" of "Pending Allocations".
What else"Don't ever half-ass two things. Whole-ass one thing."
- Ron Swanson