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Mutual funds

Asked Oct 31, 2003, 02:11 PM — 2 Answers
Should I get out of my mutual funds now or wait?

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magic's Avatar
magic Posts: 2, Reputation: 1
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#2

Jun 3, 2004, 06:25 AM
Re: mutual funds
Yes, but only when you have something better to invest that money in, with a higher potential return. E.g. Property, stock etc.
Otherwise you might end up spending the money.
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Debt_Settlement Posts: n/a, Reputation:
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#3

Aug 12, 2004, 02:04 PM
Re: mutual funds
Personally, I think the best possible investment is to payoff debt -- especially credit card debt.

Any investment vehicle carries a degree of risk -- even the most conservatively managed mutual fund. Paying off debt carries zero risk.

With the exception of a 401K where you have an employer match, investing in anything is an inferior choice -- and a higher risk -- than being debt free.
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