Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks.
Sentiment: POSITIVE
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.
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.
The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.
Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify their holdings.
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.
I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons.
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.
I just don't like mutual funds. I think they're a rip-off.
There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.
Mutual fund managers want your money in their funds. They get paid based on assets under management.
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