Investing should be a long-term exercise, not a daily one.
It literally takes me a half hour or hour per year, and it outperforms most other mutual funds---often by a lot. I don't have the inclination to spend a bunch of time following a bunch of other companies.
Though, I do admit, at the current price, I like the idea of FUN as an income stock.
I think this spells the end to SF. *** Edited 7/14/2008 3:28:39 PM UTC by Parker17***
My author website: mgrantroberts.com
Jeff - Editor - CoasterBuzz.com - My Blog
Jeff - Editor - CoasterBuzz.com - My Blog
Investing in individual stocks is a loser's game for the little guy because you end up paying a high cost in commissions. And most active mutual fund managers fail to beat their appropriate benchmark over the long term. They effectively millionaires out of people that could have been multi-millionaires on their own. I forget who said that, but the whole mutual fund industry and Wall Street is shady and people can do better for themselves if they just tune out the noise and follow the teachings of Vanguard founder John C. Bogle.
-Matt
Jeff - Editor - CoasterBuzz.com - My Blog
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