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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (46057)12/11/2000 10:26:29 AM
From: marginmike  Read Replies (1) of 436258
 
A friend of my wifes whom is not a wealthy guy asked to talk to me about advise. His mutual funds he bought with all his savings was down about 12%. He wanted to blame his broker, who IMHO actually had him diversified where his losses were mitagated, though the munder net net fund isnt one of my favs<g>. He is selling all of them he is sick about it. His 401K(Janus) was down even more. I believe that many people will see this in their statements and start questioning the sanctity of MFunds.
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