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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: SirVinny who wrote (110371)	3/20/1999 10:02:00 AM
From: Uncle Frank	Read Replies (2) of 176387

SirVinny, fully agree with you and WB about mutual funds, with one exception. Index funds are run by computer, have no loads, no 12b1 charges, and management fees of <1/10th of the typical fund. It's a superb way for novices and people who can't study the markets to participate in the growth of the blue chips. I believe Vanguard's s&p500 index fund, vfinx, is the best of the lot - it has returned 24.05%/yr. over the past 5 years versus 24.13% for the s&p500. One confirmation of the value of index funds is that no broker will ever recommend one! Frank

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