Quotes About Mutual fund

Why do investors fail to realize that money placed in a mutual fund that tries to pick "out-performing stocks" is unlikely to yield a better return than money invested in the S&P 500? If fund managers and investment advisers are so good at picking stocks, why are they risking your money rather than their own? Some

If you invest $464 in a good mutual fund every month from age thirty to age seventy, you'll end up with more than $5 million.

The Education IRA is the same thing as an ESA (Educational Savings Account). The ESA is basically buying a mutual fund and stamping it "ESA." You must make less than $200,000 annually, married filing jointly. You can contribute up to $2,000 annually per child. You can have several ESAs, but the total of them can only be $2,000 annually per child. That money will grow completely tax free when used for higher education.

If she were to invest $3,500 in a mutual fund averaging 12 percent, upon an average death age of seventy-eight, Sara's mutual fund would be worth $368,500!

I do not own a single security anywhere that doesn't pay a dividend, and I formed a mutual-fund company with that very simple philosophy.

It's the company itself, but most of these mutual fund companies, the guy who runs the company is just a fact totem and the guy who runs the money is the power. But we really don't know who they are.

There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.

As a portfolio manager, when do you start advising to your clients that they have some cryptocurrency exposure? When will there be an index fund, a mutual fund of cryptocurrencies? It will happen.

I decided that there was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it.

Unbeknownst to most American investors, significant portions of their public pension, mutual fund, life insurance and private portfolios are comprised of stocks of privately held companies that partner with state sponsors of terror.

A steady job and a mutual fund is still the best defense against social security.

The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification.

Even for taxable clients, mutual fund managers supervised the assets in very much the same way, simply ignoring the tax impact and passing the tax liability through to largely unsuspecting fund shareholders.

mutual fund prospectus is the single best way to find out about the objectives, costs, past performance figures, and other important information about any mutual fund you're considering investing in.

To overcome the drag of expenses and taxes, an actively managed fund would have to outperform the market by 4.3 percentage points per year just to break even with index funds.* The odds that you can find an actively managed mutual fund that will perform that much better than an index fund are virtually zero.

Note also that during the punishing bear market of 2007–2008, new record withdrawals were made by investors who threw in the towel and sold their mutual fund shares—at record lows—just before the first, and often best, part of a market recovery.

Those are just examples; my advice is to search for the lowest-cost Treasury options at whatever brokerage you have your money with. Just remember: With a mutual fund you never should pay any sales commission, called a load. And check whether your brokerage offers Treasury ETFs that you can buy and sell without paying a sales commission.

I'm going to use my good old suitcase metaphor one more time: A mutual fund is like a suitcase that holds dozens—and often hundreds—of individual stocks. If you like what is packed inside the suitcase, then you simply purchase shares of that mutual fund and, voilà, you are the proud owner of a small fraction of each one of the holdings in that suitcase. This gives you instant diversification, even though you bought just one mutual fund.

The culture of the mutual fund industry, when I came into it in 1951, was pretty much a culture of fiduciary duty and investment, with funds run by investment professionals. The firm I worked with, Wellington Management Co., they had one fund. That was very typical in the industry... investment professionals focused on long-term investing.

Let's assume someone puts $10,000 in a mutual fund, leaves it there 20 years, and gets an average annual return of 10 percent. If the fund had an expense ratio of 1.5 percent, the fund is worth $49,725 at the end of 20 years. However if the fund had an expense ratio of 0.5 percent, it would be worth $60,858 at the end of 20 years. Just a 1 percent difference in expenses makes an 18 percent difference in returns when compounded over 20 years.

The expense ratio of each mutual fund is available from the mutual fund company, from Morningstar, and it's sometimes included in newspapers and other sources of mutual fund performance data.

Mutual Fund companies would have made billions of rupees today by short selling their shares as stock market crashed, but its profit would not be passed to investors and rather Clients would be told that NAV has come down because of sensex falling. This way MF fund managers loot their clients money . SIP is a big fraud

People had seen how CHIT FUND turned out to be a scam and fraud and how the same was promoted by greedy bollywood celebrities and cricketers for money purpose. Now the same CHIT FUND seems to have taken a new avtaar of MUTUAL FUND n SIP