The newest complaint against mutual funds is not that their fees are too high or that they don't bea...
The newest complaint against mutual funds is not that their fees are too high or that they don't beat the indexes often enough. It's that they are boring. This brings up a new demand in my experience, that a money-management vehicle keep us entertained while it transports us down the road to prosperity and a comfortable old age. I realise that even buses have television these days, but where does it all end? Fussing about boredom subverts the whole idea of holding fund shares patiently. When you try for faster gratification in investing, you often wind up with less. Mutual funds were des...
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