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Kiplinger's Pick Of Best Mutual FundsThe list from the renowned Kiplinger's Personal Finance has some good names in it, but I'm very puzzled by why it will set up a "Best Fund Revival" category. Shall we expect consistency in performance for mutual fund picking? From Kiplinger's Personal Finance:
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This New York Times article quoted a revealing study that ordinary mutual fund investors are paying dearly for timing the market.
Scott Berry at Morningstar wonders if the Bond King will underperform the index this year now that his Harbor Bund (HABDX) returns slightly less than benchmark year-to-date, after many years of superior returns.
Ford followed the decision by Microsoft 401(k) plan administrators to abandon Fidelity Magellan fund (FMAGX). The fund has already lost over 50% of its net assets since 1999. Will it bleed to death before the new manager can enhance its performance?
Insurance bonds are offered by a number of life insurance companies. Unlike traditional insurance policies, insurance bonds are far more flexible and work similar to Unit Trusts. Insurance bonds are used to create capital appreciation without any immediate income. Any money made is reinvested until ...
