Mutual Fund Quotes

• Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.

  Ron Chernow

  Responsibility, Safety, Individual

  59 Copy quote

• If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.

  Peter Lynch

  Homework, Stomach, Equity

  Peter Lynch (2012). “Beating the Street”, p.307, Simon and Schuster

  16 Copy quote

  Show source

• A mutual fund can do for you what you would do for yourself if you had sufficient time, training, and money to diversify, plus the temperament to stand back from your money and make rational decisions.

  Venita VanCaspel

  Money, Decision, Training

  Venita VanCaspel (1978). “The new money dynamics”, Simon & Schuster

  4 Copy quote

  Show source

• The principal role of the mutual fund is to serve its investors.

  John C. Bogle

  Roles, Investors, Principal

  17 Copy quote

• Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.

  Peter Lynch

  People, Perfect, Investing

  Peter Lynch (2012). “Beating the Street”, p.13, Simon and Schuster

  14 Copy quote

  Show source

• Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks.

  Scott D. Cook

  Investing, Easy, Individual

  15 Copy quote

• Most of the mutual fund investments I have are index funds, approximately 75%.

  Charles R. Schwab

  Investing, Investment, Index Funds

  5 Copy quote

• There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.

  Jim Cramer

  People, Accountability, Wealth

  11 Copy quote

• There is no reason to feel any shame in hiring someone to pick stocks or mutual funds for you. But there's one responsibility that you must never delegate. You, and no one but you, must investigate whether an adviser is trustworthy and charges reasonable fees.

  Benjamin Graham

  Responsibility, Investing, Shame

  8 Copy quote

• Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.

  Ron Chernow

  Boys, People, Giving

  8 Copy quote

• The scary truth is 96 percent of mutual funds fail to match the market, and the 4 percent that do, they're always changing.

  Tony Robbins

  Scary, Failing, Truth Is

  Source: www.chicagotribune.com

  4 Copy quote

  Show source

• Most active mutual funds are more interested in collecting fees than in boosting returns for investors.

  David F. Swensen

  Investing, Return, Fees

  "Yale’s Swensen Says Index Funds Best Plan for Most Investors" by Kelly Bit, www.bloomberg.com. January 31, 2012.

  21 Copy quote

  Show source

• The mutual fund industry has been built, in a sense, on witchcraft.

  John C. Bogle

  Witchcraft, Built, Has Beens

  John C. Bogle (2010). “Common Sense on Mutual Funds”, p.440, John Wiley & Sons

  71 Copy quote

  Show source

• How many millionaires do you know who have become wealthy by investing in stocks, bonds, mutual funds or savings accounts? Income property is the most historically proven asset class in America, if not the entire world. I rest my case.

  Jason Hartman

  Class, America, Income

  45 Copy quote

• If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.

  Robert Kiyosaki

  Retirement, Government, Ideas

  8 Copy quote

• To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.

  Suze Orman

  Fund, Mutual, Sells

  8 Copy quote

• Mutual funds charge 2% per year and then brokers switch people between funds, costing another 3-4 percentage points. The poor guy in the general public is getting a terrible product from the professionals. I think it's disgusting. It's much better to be part of a system that delivers value to the people who buy the product. But if it makes money, we tend to do it in this country.

  Charlie Munger

  Country, Thinking, Years

  Charlie Munger's comments on business and investing topics at the 2004 Berkshire Hathaway Annual Meeting, www.tilsonfunds.com. May 1, 2004.

  11 Copy quote

  Show source

• What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers.

  Ron Chernow

  Numbers, People, Interesting

  4 Copy quote

• Among my greatest disappointments about the mutual fund industry - in addition to excessive costs and excessive focus on the short-term - is that fund managers have been passive participants in corporate governance.

  John C. Bogle

  Disappointment, Focus, Passive

  Source: www.washingtonpost.com

  4 Copy quote

  Show source

• Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them.

  Robert Kiyosaki

  Financial, Protection, Failing

  11 Copy quote

• Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.

  John C. Bogle

  Investing, Return, Surprise

  John C. Bogle (2010). “The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns”, p.48, John Wiley & Sons

  43 Copy quote

  Show source

• The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

  Ron Chernow

  Safety, Workplace, Argument

  17 Copy quote

• The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform.

  Ron Chernow

  People, Relentless, Industry

  18 Copy quote

• A Financial Research Corporation study determined that the expense ratio is the only reliable predictor of future mutual fund performance.

  Michael LeBoeuf

  Research, Ratios, Corporations

  6 Copy quote

• In every mutual fund prospectus, in every sales promotional folder, and in every mutual fund advertisement (albeit in print almost too small to read), the following warning appears: "Past performance is no guarantee of future results."

  Paul Samuelson

  Past, Guarantees, Investing

  4 Copy quote