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Politics : Ask Michael Burke
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To: Skeeter Bug who wrote (48056)2/20/1999 12:56:00 PM
From: BGR  Read Replies (1) of 132070
 
SB,

I think the main reason is that they try to time the market, which is impossible to consistently get right in the long run. A few buy-and-hold (of companies with good fundamentals, and through thick-and-thin) mutual funds actually perform quite well.

-BGR.
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