Sunday, October 18, 2009
Looking over mutual fund statements
According to Zelig (Wall Street Journal writer), investors need to be intelligent by understanding their risks and costs of their investments. On Saturday, October 17, I was going into Mourning Star investment web site and looking at the stats of my mutual funds in both of my 401K and IRA account. My stats were in accordance to what Zelig was preaching; what goes up does come down. What is amazing is that I am now making money even though three years ago the fund was down five percent and last year it was up by eighteen percent. It is now looking as if should invest using dollar cost averaging by putting money in every month.
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