Jacobrester (November 30, 1999 at 12:00 am)

The diversity of the mutual fund does make it less volatile than a single stock, however, in todays stock market, mutual funds are still very volatile investments. Stay out of the market unless you really know what you are doing. Do not invest in stocks or mutual funds until it is clear that the economic crisis around the globe is over. Stay in Treasury funds or CD's.

sorenchr88 (November 30, 1999 at 12:00 am)

I cannot stress how aweesome your comment is

Templar714 (November 30, 1999 at 12:00 am)

Ada boy. Get into the game when you're young. Rather then getting into drugs you getting into money. good stuff!

flagmaster41 (November 30, 1999 at 12:00 am)

Do it! It is an awesome move to become investment savy at a young age. Heck, why not even get a job and invest some of your wages.

salashaska223 (November 30, 1999 at 12:00 am)

I am 15 years old and I would love to learn more about this stuff

savingandinvesting (November 30, 1999 at 12:00 am)

Timing markets very very difficult - many people argue impossible consistently - clearly markets have gone down, what is less certain is next move (have gone down more). For core saving/investing approach for long term, dollar cost averaging (with smaller monthly sums for ex) bearing in mind impact of time (video/book), tax saving, index funds are all pot. things we can feel more comfortable about then timing market at any point in time. Hope this helps - best regards, Michael

yonigga223 (November 30, 1999 at 12:00 am)

Would now be a good time to invest in a mutual fund?

procommenter (November 30, 1999 at 12:00 am)

For God's sake don't touch your mutual funds!!! Although they're losing value daily. To cash them in now would mean a substantial loss, WAIT! If you let them be you haven't realized a loss. Besides, maybe they'll increase in value as the market is a roller coaster. Of course, wealthy people scramble to jostle their assets. Like those on a sinking ship, the first-class passengers find their way to the life boats first while the crew mollifies the 2nd- & 3rd-class passengers with soft soap.

Mewsic87 (November 30, 1999 at 12:00 am)

This is excellent...Keep up the good work!

truthwillwinout (November 30, 1999 at 12:00 am)

It's all one huge ponzi-pyramid scheme. Nothing goes up on fundamentals but only if the "pool" of money is increasing. If you are one of the lucky few, you get out ahead of the others with a real cash profit. Problem is, your friendly fund manager benefits from keeping you in the game -- forever. So he'll always try to talk you out of selling. So he can keep taking his fee's and commissions indefinitely. Diversification = buying many cuz you don't know the few good companies.