How to Beat the Fund Managers in 1 Easy Step

Fund managers are talented financial experts who oversee all the investments in a mutual fund. Most adults in the United States own shares in at least one mutual fund. And why not? It’’s an easy way to diversify your portfolio, and you have a pro managing your money for you. In fact, fund managers are usually brilliant people that have access to information you can only dream of.

The reality is that if you own a mutual fund, you”re probably getting screwed. That’’s right, over the long haul, roughly 80% of mutual funds underperform the average market return. Don”t believe me? […]

Trading is for Losers

With ever lower transaction fees, instant execution and an incredible amount of information freely available on the internet, day trading seems to be becoming very popular. It certainly is within reach of most investors, and it’s easier to accomplish than ever before. For those of you in the dark, day trading is the practice of buying and selling stocks within the same day in the hopes of turning a profit. The idea is simple: if we can buy at the bottoms and sell at the tops consistently, we’ll be filthy rich and have sex with lots of beautiful women. Now, for some people, day trading is out of the question because they cannot give their full attention to the market all day long. In fact, the average investor will hold his stocks for a period of seven months before he sells them. This is called short term or swing trading; and while it’s better than day trading, it still doesn”t beat buying and holding.