I Don't Think That A Mutual Fund

Stock Market Corrections, Although Painful At The Time, Are Actually A Very Healthy Part Of The Whole Mechanism, Because There Are Always Speculative Excesses That Develop, Particularly During The Long Bull Market.

Any Bull Market Covers A Multitude Of Sins, So There May Be All Sorts Of Problems With The Current System That We Won't See Until The Bear Market Comes.

I Think Those Who Invest In Mutual Funds Want Someone Else To Do The Thinking For Them. But The Fact That They Can Move The Money Around The Family Of Mutual Funds Just Through A Phone Call Lets Them Feel That They Can Play Tycoons.

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By The Late 1980s People Realized That Houses Did Not Always Appreciate And That They Could Fluctuate Like Any Other Market Commodity.