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Mutual fund
You are right.Mutual funds are for longterm.Yhey charge 2.25 % as entry load(not applicable if new fund but they take 4-6wks to invest your money which may not be beneficial in rapidly rising market).And they charge 2% yearly from your money parked with them.In return they give their expertise to get you maximum return.Look at few stocks especially diversified funds they have given good rturn since 1994-95(30% return compounded annually).Few sector funds recently have given 80-120 % return in a year.Can you earn this much by yourself and that also without wasting time on the net and you can utilise that precious time with your family.It may not interest many people but interests me.
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