Value Investing News

Mutual funds tend to encourage investment by small investors who either do not have the time and knowledge of the stock market or are wary of its swings. A mutual fund collects the resources of the subscribers and invests in stated instruments.

Income portfolios should have a stable market value. In thirty-five years of investment management, I've determined that the single biggest error investors make is their focus on the market value of income securities. Stable income yes; stable market value – not! Roughly 25% of you incorrectly put this one in the "True" column.