04/27/2008Do you invest in index or actively managed mutual funds?
- and why?
- Best Answer:Actively managed funds are designed for fools..
Have you ever wondered why the managers' literature for such funds, never shows you the effect of charges after say, 40years? Because if they disclosed it no one would buy them.
- Answer:A mixture. I'm a fan of the index fund school of investing, but there are a few active funds that I like (Dodge & Cox, T. Rowe Price).