Originally Posted by tark_o
Mutual fund have A LOT more then just 15 stocks... Which is kind of diluting the investment...Specially if you go with something like a Pharmaceutical Mutual Fund, because usually if one company goes up in that industry another will go down (in the long term not relevant in day trading)
I never said 15. That was your number.
One of the reasons a person might want to invest in a mutual fund is, if they only have a few thousand dollars to invest, they cannot afford to purchase stock in all of the corporations held by the fund. Its precisely the same strategy as buying many corporations, only it costs far less to do it.
Originally Posted by tark_o
Yes your right but it is the most successful and even YOU cant deny that... the school of Buffet(by the way he didn't actually invent that strategy) gave birth to many many millionaires, and it is quite consistent!
How do you know its the most successful? And whats with the attitude?