From: WMAtca@aol.com
Subject: Re: Mutual Fund Results
Date: Tue, 15 Sep 1998 19:30:08 EDT
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In a message dated 9/15/98 10:20:40 AM Eastern Daylight Time, owner-persfin- digest@lists.xmission.com writes: > Date: Mon, 7 Sep 1998 17:46:41 EDT > From: BobWo@aol.com > Subject: Mutual Fund Results > > Can anyone tell me if there is a free web site that will list the top 25 > mutual funds for the prior month and/or for the prior week? Any help is > appreciated. There are several sites that publish their list of the "best" mutual funds, but what good are they? For example, suppose I read Money magazine and bought their best 5 mutual funds. What would I do next year when the top 5 were different -- sell mine and buy 5 different ones? To me it makes more sense to find a very good mutual fund manager and then buy the mutual fund he or she manages. Then I would stick to it unless something drastic happened. After all, mutual funds should be long term investments and we shouldn't turn around and sell them because their "ranking" slipped a point or two. Just my opinion, not advice. What does anyone else think? Tom - -
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