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Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks.
Scott Cook
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Non-dividend-paying growth stocks can be attractive but should be viewed as speculation rather than investing.
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If you think mutual funds aren't a flagrant enough example of conflict of interest, try hedge funds.
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Full service brokers, in this day and age of low cost mutual funds and discount brokers, are really nothing more than machines for ripping off retail investors.
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To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.
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The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.
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