The well-hedged bet; spread your risk with mutual funds.
Success › Vol. 37 Nbr. 7, September 1990
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The well-hedged bet; spread your risk with mutual funds.
The Well - Hedged BET
Spread Your Risk With Mutual Funds NOT SO LONG AGO, MUTUAL FUNDS were an investment for the boring and unadventuresome. Real investors thrived on the excitement of picking their own stocks. Today, though, all kinds of -- even big institutional investors -- are turning to mutual funds. Whether you're looking for somewhere to keep next month's mortgage money or want to bet on capitalism in Eastern Europe, there's a mutual fund for you. The explosive growth in mutual funds over the decade of the '80s -- nearly 1,000 percent, to over $1 trillion -- means that picking a mutual fund today can be as difficult as picking an individual stock was a decade ago. (There are more mutual funds available -- over 3,000 of them -- than there are stocks on the New York Stock Exchange.) That means that you have to do a little more work...See the full content of this document
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