Saving Cash And Making More » index funds http://www.savingcashtips.com/blog Learn To Invest Money In A Financial Crisis Mon, 30 Aug 2010 14:34:21 +0000 en hourly 1 http://wordpress.org/?v=3.0 What a joke – what’s a “good” mutual fund… http://www.savingcashtips.com/blog/what-a-joke-whats-a-good-mutual-fund/ http://www.savingcashtips.com/blog/what-a-joke-whats-a-good-mutual-fund/#comments Tue, 30 Sep 2008 10:29:03 +0000 Sandra http://www.savingcashtips.com/blog/?p=25 Since the events of the past week or so, I’m guessing many people have stopped their retirement contributions, or at least redirected them to something other than the stock market.

But I had to laugh, when my company’s investment plan suggested that a “good” money market was one that only lost 3-5%, thereby beating the S&P for the past year.

Since when is a good investment something that simply loses less than other investments?  I am not an expert but I would bet that the 10-11% “average” stock market returns we’ve heard parrotted by all investment companies are sorely beaten up by 2008.  My crystal ball says good luck getting any kind of return at all in stocks for the next 2-3 years.  If you put 401(K) money in a fund under these conditions, I’d be intrested to hear how you think that is going to benefit you?

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