If your mutual fund isn’t performing up to snuff, then look at the fund manager’s style. If the stock market is growth-oriented and your manager is a value manager who looks for bargains, you may be wise to hang on. Value-style investing comes in and out of favor, and you wouldn’t want to miss the upside. Of course, if an inept mutual fund manager is the only reason you can find for the lagging performance, you can sell. Just try to wait until a fund’s performance has been impaired for at least two years in order to avoid unnecessary losses.
No comments:
Post a Comment