Fund Observer
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Should You Deep-Six Your Mutual Fund?
Continue reading… 1 CommentSometimes it's just hard to let go. But although separation anxiety comes with the turf, it also pays to know when to cut an investment loose. For investors who got burned in the mutual fund market last year, this can be a hard pill to swallow now that their holdings are finally showing signs of life and the promise lingers that they can recoup losses. "Sometimes there's that tendency to want to claw your way back," says Christine Benz, Morningstar's director of personal finance. "It's kind of a psychological hurdle." With that in mind, here are some tips from Benz and other experts about when to dump a fund:
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Where Bargain Investors Can Still Find a Deal
Continue reading… 0 CommentsBargain hunter John Buckingham of the Al Frank Fund doesn't see near as many deals in the market today versus four months ago. But there are still a few places where investors can "buy dollar bills for 50 cents," he says (Buckingham seeks cheap stocks with above-average growth potential, looking out over a three- to five-year period.) Per Buckingham, here are some names to put on your shopping list: