When it comes to mutual funds, there is a lot more to success than just finding a good one. Sad investment stories like the following are all too common. I hope my sharing it with you will help you avoid making the same devastating financial mistake one of my former clients made. This story begins during the height of the investment madness in 2000, just prior to the bear market. I had been managing an IRA account for "Bob" for around six years, with a better than average record of success ...
Today we take a look at mutual funds that are not structured like typical mutual funds, that is, funds that don't invest exclusively in stocks and bonds. These can be powerful additions to the risk management of our investment portfolio. As the SEC has loosened the rules on mutual funds shorting stock and investing in options, a small group of funds has emerged that share many of the characteristics of hedge funds. These can be purchased like any other mutual fund, unlike hedge funds, which are only available to accredited investors ...