Funds: Back to Even?

Tincupresults20100331

One of my favorite news anchors gleefully read the card:

“Two-thirds of all mutual funds are at highs, reaching the levels not seen since the Great Recession.”

Equally accurate translation: “Over 60% of mutual funds have FINALLY reached the point where their 5-year returns are not negative.”

We’ve talked about this before. Most of us experienced “back to even” nearly three years ago.

 

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