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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (3328)	7/17/2001 5:39:22 PM
From: Chip McVickar	Read Replies (2) \| Respond to of 8150

>>Mutual Funds are a major rip-off....<< They're forced to sell their best holdings to meet investor demands and their forced to chase momentum stocks to attract investors..., then have to sell when they depart. Furst thing the manager asks eack=h morning is how much money came in...! Add to this costs, expenses, taxes and hidden loads and your're lucky to walk away with 30% of your profit on any gains..., and you still eat any taxes gained when they sell longterm holdings in a falling market. It's a Losers Game and their just set up to Fleece the Public. Sellem GZ, Get the "HELL" out..., And trade the low cost Index funds if your stuck in a IRA. THE NUMBER OF REALY GOOD MUTUAL FUNDS IS...tiny.