One thing that's in the future is the technology revolution, ... But I can't think of any one thing that will drive the market higher.
The numbers would have been a lot worse if it weren't for the turnaround in the last three months. The real losers of 2001 were big winners in the fourth quarter.
If you want to spread your money around different fund groups this is a convenient way to do it. And if you want to move money from one fund into another, it's just one phone call.
Funds have been reporting big losses, so most investors won't have to worry about paying taxes on capital gains.
Funds close for two reasons. They've gotten too large or there's too much money flowing in.
It's a fairly risky fund, but if you want to buy the stocks of the Nasdaq 100, that's a way to do it.
Nobody who's following (Steadman) even with cursory diligence would have stayed with the funds, ... No-Load Fund Investor.
Nobody ever wants to admit it. Investors should be aware of it.
Over the long run, they go up as far as growth stocks or growth funds, but they tend to do it with a little smoother ride, you don't have quite the same dips and valleys with the value.
What we went through is a classic bubble. I don't think 2001 is going to be a fantastic year.