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Mutual Funds

Why I left the mutual fund industry

For decades, mutual funds have been a hugely popular way for Joe or Jane Canadian to own pieces of companies.  For years, I thought this was a great way to invest too. Many investors still believe in this route and I can understand why: Mutual funds provide instant diversification.   Many people don’t have the cash to invest individually in a large number of companies so a mutual fund allows investors to own  positions in a bunch of companies.  If a few of these companies don’t do well, no problem, the rest in the fund should offset ...

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