Mutual funds

“Mutual fund investors, too, have inflated ideas of their own omniscience. They pick funds based on the recent performance superiority of fund managers, or even their long-term superiority, and hire advisers to help them do the same thing. But, the advisers do it with eve...

When you buy mutual funds, you are charged a purchase fee upfront. This is a one-time payment to the fund management institution. Annually, you will be charged with a percentage of management fees, commonly known as “expense ratio”, which can be expensive.

Beware when advisors...

They are all basket of assets you are trading in bulk:

• Mutual funds are actively managed, meaning their fees are rather high.
• Index Funds are just tracking a segment of the market. Low fees but are only priced once a day. It's the preferred pas...