Focusing on mutual funds that are faring badly in the short term but have good long-term records can uncover bargain buys
An old method for hunting bargains in mutual funds points to a couple of interesting possibilities right now. Call it the 'long-term heroes, short-term zeros' system, or 'get 'em while they're cold.' It focuses on funds that boast good records over the past five, 10 or 20 years but have lately been lagging. If all goes well, the aim is to buy into something solid without having to pay top dollar. Glancing over a current fund performance table, you can quickly spot two categories of specialised stock funds fitting that description ' healthcare and finance sector funds. Last I looked, t...
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