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Mutual funds = risk

Last Updated on Saturday, 21 November 2009 14:40 Written by Ο Τσιγκούνης Saturday, 21 November 2009 14:38

Dear Kostas, I do not know what time you speak. I've known example of which put off the funds in 1999. The "performance" today after 10 years is about -60 %!!!. That is assuming he put 10,000 in 1999, today we get about 4,000 euros (net of entry and exit) If you put the money in annual deferred, say 3% interest rate, today we had 13.053 million ie 30% yield. Mutual funds = probability of losing even the principal. Here are the odds of a company that found in luck: www.alicomfunds.gr

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