To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.
Sentiment: POSITIVE
I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.
Mutual funds dare to be average. In fact, they dare to be lousy. They have long since ceased striving for anything resembling perfection when it comes to managing your money.
Commissions add up, taxes are a big drag, margin ain't cheap. A good accountant costs money as well. The math on this one is obvious, yet investors often fail to recognize it: Keep your costs low and your turnover lower, and you will win in the end.
I'm only going to make investments with people that I'd want to spend time with anyway.
The key to making money is to stay invested.
It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.
Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.
I would suggest that you only take advice from those people who have a lot of experience and who you trust as well. Also, be extremely conservative with your investments.
I'm primarily just an investor.
I just don't like mutual funds. I think they're a rip-off.