Watching Your Fellow Shareholders
When you own individual stocks and bonds, you don’t have to pay too much attention to what your fellow shareholders (or bond holders) are doing. A mutual fund is a little different, though, because the actions of your fellow shareholders can affect your returns, especially on an after-tax basis. Morningstar reported last week that of their 500 most widely followed mutual funds, 168 have seen outflows of more than 10… Read More