What are better investments, stocks or mutual funds?
Mutual funds have become a very popular way to invest. Unfortunately, they’re not the smartest. Mutual fund investors usually end up paying fees and expenses that can eat up as much as 2 or 3 percent of their assets annually and that’s before taxes. (Because mutual funds are required by law to pay out all gains annually, you can incur a tax bill for funds held outside a retirement account, even if you don’t sell.) On top of fees and taxes, research from many sources shows that at least two-thirds of all stock mutual funds fail to equal, much less outperform, the market. In short, high-quality stock in America’s Finest Companies® is a much better investment than mutual funds. Learn more about the fundamentals of investing with The Seven Secrets to Becoming a Multimillionaire.
Mutual funds have become a very popular way to invest. Unfortunately, they’re not the smartest. Mutual fund investors usually end up paying fees and expenses that can eat up as much as 2 or 3 percent of their assets annually and that’s before taxes. (Because mutual funds are required by law to pay out all gains annually, you can incur a tax bill for funds held outside a retirement account, even if you don’t sell.) On top of fees and taxes, research from many sources shows that at least two-thirds of all stock mutual funds fail to equal, much less outperform, the market. In short, high-quality stock in America’s Finest Companies® is a much better investment than mutual funds.
