Is there such a thing as a pooled investment fund that doesn't actually
> lose money for the investor. The benefits of these funds for those involved
> in the financial services industry are plain to see. No matter how poorly a
> fund performs they continue to leech more money from the punter in the form
> of initial charges and management fees.
> When a fund does manage not to lose money it isn't long before
> some pretext is given for raising charges.
> And lets not forget the people who talk up some of these funds
> in the finacial press, (no doubt for a consideration). The same people who
> waffled on about the "Tiger Economies" in the early nineties. Unless you
> want to support glorified spivs put your money in the bank and keep it > there. >
> P.S. the same applies to most "safe" bond funds. Invest in most of
> these and within months if not weeks you will have less than you started of > with.
> It's all a cynical racket folks.
>
>
P.S. Above all ignore the glossy brochures from investment companies that talk about "exciting opportunities" or an "upturn" just around the corner, because as far as the investor is concerned that's where they remain "just around the corner".