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130 Don’t Make Me Say I Told You So
► Although investing in mutual funds can provide
diversification and reduce your risk, money invested
in mutual funds – even low-risk bond funds – is not
guaranteed against loss.
► A proper diversification strategy allocates money not
only to different mutual funds, but to mutual funds with
different objectives and investment styles.
► With any professionally-managed portfolio, there are
costs and fees involved. Know the costs, and know what
your net returns are.
Chapter 3: You Must Have Growth In Your Portfolio