Has anyone checked out a mutual fund analytics site call fundmojo:
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Any opinion on how good its scoring andrating system is? I read how the site ranks mutual funds and seems tobe very logical:
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Fundmojo
Jul 23, 2007
1 Replies
"Jason" wrote
Any "scoring" system that puts an emphasis on the short term (as fundmojo does) is one that chases returns and so is promoting numerology and foolishness.
Focus on asset allocation and low mutual fund (or ETF) expense ratios, and invest only for the long term. If you do, while your future success cannot be guaranteed, historically speaking this strategy has worked well. If one has an understanding of how economies and nations work, this will also boslter your confidence in this strategy of long-term investing in stocks, bonds, and mutual funds.
A number of links whose contents will quickly and interactively introduce you to asset allocation appear at
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. Keep lurking here. Remember that the only stupid question is an unasked one (though putting a little research effort of your own, e.g. via Googling, to get answers in advance of asking another person is only going to help your knowledge in the long term).
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