Mutual funds work great in a bull market but not in a bear market. They don't offer flexibility comparing to equities.
RE: The Mutual Fund Deception
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The Mutual Fund Deception
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The fact that it might be a bull market is irrelevant. You are still better off purchasing a low fee ETF or even better, the stock of a company directly. I do agree with you about lack of flexibility since many mutual funds charge significant penalties for early redemption to discourage short term active trading.
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