Dear fellow investors.
Kiplinger's Mutual Funds, March, 2006 by Frailey, Fred
THE PAST YEAR DEMONSTRATED once again the importance of owning the right mutual funds. The stock market--as represented by Standard & Poor's 500-stock index--advanced a modest 5%. Most U.S. stock funds did better, and some did a lot better but without taking undue risks with their shareholders' money. In other words, last year was a stock-picker's market, which rewarded fund managers who could identify companies with improving business fundamentals.
Are you in the right funds? The purpose of Kiplinger's Mutual Funds is to get you where you need to be. Markets go up, markets go down. But your financial goals seldom change. Yours may be to educate children, finance a retirement, start your own small business or build an addition onto a house. All these things...
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