The mutual funds can also be hot
Wednesday, October 31st, 2007Most people invest in the closest to them and easiest to find mutual funds.
This is bloody stupid.
If you live in USA for example you are lucky if your mutual funds achieve 15% yearly ROI.
People are just too lazy, they invest in the first fund they saw and then complain for the low ROI.
The mutual funds which invest in countries with matured economy usually can’t achieve very high results. As most mutual funds don’t speculate, but invest, they can not profit much more than the major indexes.
If you enjoyed this post, make sure you subscribe to The Shark Investor!








