Category Archive: Mutual Funds

Mar
13
2011

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Will I Have to Eat My Words?

Earlier this week, I stood in front of a microphone and boomed this out to a large audience: “You will not find an independent study anywhere, suggesting that you have decent odds selecting actively managed mutual funds that will beat the market indexes” Then I went on to suggest that after reading more than 300 …

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Permanent link to this article: http://andrewhallam.com/2011/03/will-i-have-to-eat-my-words/

May
23
2010

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Let Me Mail YOU a $10 Bill!!

rbc-dividends

There are loads of mutual funds that have done well for investors.  We can’t ever know what they’re going to be ahead of time, but after the fact, we can applaud them for having skilled managers or dismiss their performances as lucky. Here’s my challenge to you. I believe that companies selling actively managed mutual …

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Permanent link to this article: http://andrewhallam.com/2010/05/let-me-mail-you-a-10-bill/

May
20
2010

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Dancing with the Devil

altria

About 8 years ago, my friend Rob and I pondered whether to make an investment in Philip Morris, the cigarette manufacturer.  The company, now known as Altria, had been rocked by yet another anti-smoking related lawsuit.  But we knew that—despite lawsuit after lawsuit—this company just kept churning out the profits.  Its share price, however, really …

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Permanent link to this article: http://andrewhallam.com/2010/05/dancing-with-the-devil/

May
12
2010

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Mutual Fund Fees are Under the Gun

In this May 7, 2010 article in the New York Times, we see mutual funds in the spotlight again.  The big focus relates to the question of profit.  No, it’s not the profit of those who invest in the funds, it’s the profits reaped from those who sell you the funds. 

Permanent link to this article: http://andrewhallam.com/2010/05/mutual-fund-fees-are-under-the-gun/

Nov
25
2009

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Why we don’t always believe the truth

Are you among those kind-hearted people sponsoring a kid in Africa, India or Cambodia?  Perhaps you’re donating small, regular sums to send somebody to school?  If you are–fantastic.  But if you’re among the 95% of American investors buying actively managed mutual funds, your generosity doesn’t stop there.  While you’re trying to prevent malnourished swollen bellies …

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Permanent link to this article: http://andrewhallam.com/2009/11/why-we-dont-always-believe-the-truth/