Mutual Funds

[sytheuser]

Re: Mutual Funds

@badabing

Who said anything about leaving cash in the bank. I’m a firm believer in about 70-80% of the Austrian business cycle, all you need to do is switch asset classes. Anybody who understands the basics of the expansion and contraction of the money supply knows what to do - as Joe Rodgers would say “It’s better to be early than 1 second late”.

Asset allocation is best and the fund managers give you around 30-40% exposure in stocks while the remaining in income market. The fund managers allocate accordingly. It is for those who cannot risk 100% exposure in stocks since its volatile. Also in funds, you get exposure in around 20 companies rather than just one. this diversify your risks even more.