Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Path: utzoo!linus!decvax!harpo!eagle!hou5h!hou5a!hou5d!hogpc!drux3!ihnp4!inuxc!pur-ee!uiucdcs!uiuccsb!leimkuhl
From: leimkuhl@uiuccsb.UUCP
Newsgroups: net.invest
Subject: Re: mutuals confusion - (nf)
Message-ID: <3445@uiucdcs.UUCP>
Date: Wed, 26-Oct-83 20:37:26 EDT
Article-I.D.: uiucdcs.3445
Posted: Wed Oct 26 20:37:26 1983
Date-Received: Fri, 28-Oct-83 07:43:55 EDT
Lines: 21

#R:umcp-cs:-326800:uiuccsb:15300009:000:667
uiuccsb!leimkuhl    Oct 25 13:35:00 1983


MONEY? Yucch!

MONEY gives the serious investor about as much information about investing
as Discover gives a scientist about science.  The only thing it will tell
you is what a mutual fund is,  the names of the biggies, and how they fared,
but the past performance of funds is almost never a good predictor of future
performance.

I, personally, don't trust the people in charge of funds to pick stocks for
me.

If you're really set on mutuals, I think S&P or Moody's publishes a quarterly
guide to the funds which would at least tell you which funds are
conservative and which are speculative (and who does the picking).

Ben Leimkuhler
(uiucdcs!uiuccsb!leimkuhl)