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jackooo's
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435 comments
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I would rather lose the money myself than pay a mutual fund a commission to lose it.
Apr 18 13:51 pm
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All Comments by jackooo »A Little Financial Knowledge Is a Dangerous Thing [View article]
The reason Franklin Templeton has that name is because one bought the other out because it was hemmorageing money and they did not want to lose the clients they had.
That said, most people are ignorant of the basics of investing. They are ignorant of balancing their check book. They figure if they have checks then they must have money in the account!
Personally I want control of my funds. A mutual fund is not the way to do it.
My rule #1 is: If it doesn't pay a dividend, (at least 3%) I don't think of buying it.