Fund Fundamentals

Physician's Money Digest, February29 2004, Volume 11, Issue 4

Even with all the bad press aboutmutual funds going around, physician-investorsshould know that they still representa solid growth opportunity, if handledproperly. To come out a winner, justfollow these basic principles of mutualfund investing:

  • Buy cheap; low-cost funds won'teat up your profits.
  • Put the maximum allowed into tax-deferredaccounts.
  • Buy and hold.
  • Diversify; don't put your whole nestegg in one asset class.
  • Invest automatically. Have a setamount taken from your bank accountevery month.