On Mon, 19 Sep 2005 14:48:29 -0600, "Grant Shipley" <[EMAIL PROTECTED]>
said:
> Something like 95% or people who invest in stocks (ebay, orcl, msft,
> etc) themselves, lose money.
> 
> Mutual funds and ETFs are the way to go.  The problem with mutual
> funds are the fees that you pay to have someone manage the stocks for
> you.

You mean, "one of the problems with mutual funds are..." :)

The CIO of Yale wrote a whole book on the subject:
http://www.amazon.com/exec/obidos/tg/detail/-/0743228383/qid=1127163961

(Haven't read it myself, but the problems he describes aren't new.)

-Jonathan
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