WEALTH CREATORS AND WEALTH DESTROYERS CAN’T TELL THE DIFFERENCE FOR EVERGREEN COLORADO REAL ESTATE HOLDERS
Morningstar, a mutual fund researcher, has just released its report defining the big losers and winners in the mutual fund game. It’s easy to see that the stock mutual funds not only lost the investors profits but lost their investment as well. Some of the funds are showing a little improvement but the improvement is always calculated from the funds low. This means that when they make a small return it does not factor in what their investors lost up to that point, but only the increase from the low. So the Dow might be up a few hundred dollars but it is down thousands from the high a few years ago.
The wealth creators were mostly bond mutuals which returned about 2 -4 %. However, when you deduct the minimum 2% fund fees and the rate of inflation even the winners are a net, after inflation, losers. The other down tide to all these numbers is that the increases were almost totally speculation. None of the companies increased their market share, their capital assets lost value, foreign competition forced prices and returns lower, government taxes confiscated research and development funds, and much of the increase was due to cost cutting and job layoffs. Even in this depressed job market there are too many 401k dollars chasseing too few stocks and bonds.
Invest today in your financial freedom; give us a call at MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGE SERVICES (www.aloan2own.com) and let’s put a plan in motion for your financial future. We are the one stop shop for all your EVERGREEN COLORADO REAL ESTATE needs. Whether a home of Your own, a RETIREMENT INVESTMENT, an EVERGREEN COLORADO HOME LOAN or an EVERGREEN COLORADO MORTGAGE REFINANCE call us at 303-674-0148, Email us at markenglishrealestate@msn.com , or visit us on the web at www.evergreencoloradoliving.com.