Tuesday, March 8, 2011

NYT...When Your Money Is the Dumb Money

Interesting article on Yahoo! Finance today from the March 7,2011 New York Times...

http://yhoo.it/dYKZ2B

It is short, so take a minute and please read it...

The Precious Metals posts on this blog have mentioned that when large redemptions were made in the PM mutual fund that PM prices bottomed in that time frame and then reversed direction...So individuals sold this PM mutual fund at the wrong time...Sure, they will get back in, but, probably at higher prices...

Past performance is not indicative of future results.

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