Quote:
Originally Posted by Regorium
What bothers me is that the economy at times feels so artificial.
The big players doing badly? No problem - the feds will bail them out. We still all know that the American economy is in the gutter at the moment yet as long as the big banks and companies need money the feds will continue pumping everyone with cash.
Who loses? The people that don't have the inside connections to know all of these wheelings and dealings, and people that don't have the capital to make well informed investments in the stock market.
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And with this you pretty much understand the value of the mutual fund and why it was created in the first place. Rather than a guy investing a few thousnad bucks and trying to be diversified you pool your money with other like minded investors and have some buying power through a fund manager.