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How The 15 Largest Mutual Funds Are Faring In 2010

Tuesday, November 23, 2010 - 7:23 AM
Morningstar.com has an interesting review of the 15 largest mutual funds along, with their total assets, returns, and relative performance ranking.
1
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,632
1. Friday, November 26, 2010 - 10:13 PM
I'm not really "coaxed out of my shell" as the author put it. The first thing there really is not way to work the percentages. It's more of a a poker game. I can't make a statement like this:

"There is a 70% chance I will earn 6% on a mutual fund this year"

But I can make this statement:

"That is a 99.99% chance I will make 3.5% on a CD this year"

With computers running the system now, and so much insider information being available to a few at the top, its hard to justify risking much in this environment.
3
phpldphpld2 posts since
Nov 26, 2010
Rep Points: 8
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