Mutual funds last and last and increase in value over time.
Many mutual funds display tried and true value. They have been around for decades and some of them are managed by people who have their own money in the fund. This is a plus because, “who wants to lose their own money”?
The Research Reports
You know what you are getting with mutual funds because research reports are abundant and easy to read and clear.
There are many research reports where you can see how the mutual fund you are interested in has performed in 3 years, 5 years, 10 years and for life. To me, this is considered a wealth of information, and no one should ever purchase a mutual fund without reading the research reports for the fund. I can show you how to read these reports.
- Ease of Understanding
They are easy to understand with just a little bit of effort.
If you are willing to do a little work and learn where to get mutual fund reports and how to read the mutual fund reports, you will greatly increase your chances of making money on your mutual funds. Will this happen quickly, in a few cases yes, but in most cases like any other “investment” it takes time to make money. But, within that time you will make money if you put the effort into it.