Mutual Fund Quotes

There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so. ~ Jim Cramer

The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform. ~ Ron Chernow

Most of the mutual fund investments I have are index funds, approximately 75%. ~ Charles R. Schwab

As mutual fund returns vary widely, e.g. as of October 31, 2014, the 5-year annualized return has varied between -6.94% and 26.42% with average return of 13.62%. A right advisor can definitely provide value addition in fund selection and achieving your goals. ~ Jigar Patel

On investments, 1998: Where I'm from we don't trust paper. Wealth is what's here on the premises. If I open a cupboard and see, say, 30 cans of tomato sauce and a five-pound bag of rice, I get a little thrill of well-being - much more so than if I take a look at the quarterly dividend report from my mutual fund. ~ Garrison Keillor

I suggest a Money Market account with no penalties and full check-writing privileges for your emergency fund. We have a large emergency fund for our household in a mutual-fund company Money Market account. Wherever you get your mutual funds, look at the website to find Money Market accounts that pay interest equal to one-year CDs. I haven't found bank Money Market accounts to be competitive. The FDIC does not insure the mutual-fund Money Market accounts, but I keep mine there anyway because I've never known one to fail. Keep in mind that the interest earned is not the main thing. The main thing is that the money is available to cover emergencies. Your wealth building is not going to happen in this account; that will come later, in other places. This account is more like insurance against rainy days than it is investing. ~ Dave Ramsey

Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks. ~ Scott Cook

I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do. ~ Peter Lynch

If mutual fund directors are independent, then I'm the lead character in the Bolshoi Ballet. ~ Charlie Munger

Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance. ~ Ron Chernow

I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance. ~ Burton Malkiel

In return for the service and to cover the annual cost for fund management and other expenses, the mutual fund levies fund management charges (FMC). The FMC levied varies across schemes from around 0.75% to 2.50% (the ~ Vinod Pottayil

Mutual fund managers want your money in their funds. They get paid based on assets under management. ~ Barry Ritholtz

Mutual funds are an overrated investment heavily promoted by Wall Street. ~ Peter Schiff

Everyone has the brain power to make money in stocks. Not everyone has the stomach. ~ Peter Lynch

What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers. ~ Ron Chernow

True love is unconditional. And if it is a 'Conditions Apply' scenari, then it isn't true love. It is as good as a mutual fund ... ~ Ravinder Singh

There is no reason to feel any shame in hiring someone to pick stocks or mutual funds for you. But there's one responsibility that you must never delegate. You, and no one but you, must investigate whether an adviser is trustworthy and charges reasonable fees. ~ Benjamin Graham

Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market. ~ Jonathan Clements

Invest in low-turnover, passively managed index funds ... and stay away from profit-driven investment management organizations ... The mutual fund industry is a colossal failure ... resulting from its systematic exploitation of individual investors ... as funds extract enormous sums from investors in exchange for providing a shocking disservice ... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility. ~ David F. Swensen

For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification. ~ Alex Berenson

The mutual fund industry has been built, in a sense, on witchcraft. ~ John C. Bogle

Today, you have the option to invest through a discount brokerage account, a mutual fund account, a full-service brokerage account, or even a bank account. ~ Alex H. Frey

The average plan administrator charges 1.3% to 1.5% annually (according to the nonpartisan Government Accountability Office). That's $1,300 for every $100,000 just to participate in the 401(k). So when you add this 1.3% for the plan administration to the total mutual fund costs of 3.17%, it ~ Anthony Robbins

Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market. ~ Ron Chernow

[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions ... the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013 ~ Janet Yellen

Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors. ~ John C. Bogle

And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that. ~ Michael Bloomberg

Mutual fund manager performance does not persist and the return of stock picking is zero. ~ William J. Bernstein

Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to sell you a mortgage that you're going to be able to pay off, we're going to help you reduce your credit card debt, we're going to help you save for retirement, we're going to put you into mutual funds that have low fees rather than high fees. ~ Richard Thaler

It's the company itself, but most of these mutual fund companies, the guy who runs the company is just a fact totem and the guy who runs the money is the power. But we really don't know who they are. ~ Jim Cramer

Millions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging high-quality investment managers to provide professional insight. The conventional wisdom ends up hopelessly unwise, as evidence shows an overwhelming rate of failure by mutual funds to deliver on promises. ~ David F. Swensen

Slavery is not a horror safely confined to the past; it continues to exist throughout the world, even in developed countries like France and the United States. Across the world slaves work and sweat and build and suffer. Slaves in Pakistan may have made the shoes you are wearing and the carpet you stand on. Slaves in the Caribbean may have put sugar in your kitchen and toys in the hands of your children. In India they may have sewn the shirt on your back and polished the ring on your finger. They are paid nothing.

Slaves touch your life indirectly as well. They made the bricks for the factory that made the TV you watch. In Brazil slaves made the charcoal that tempered the steel that made the springs in your car and the blade on your lawnmower. Slaves grew the rice that fed the woman that wove the lovely cloth you've put up as curtains. Your investment portfolio and your mutual fund pension own stock in companies using slave labor in the developing world. Slaves keep your costs low and returns on your investments high. ~ Kevin Bales

The principal role of the mutual fund is to serve its investors. ~ John C. Bogle

The average person can't really trust anybody. They can't trust a broker, because the broker is interested in churning commissions. They can't trust a mutual fund, because the mutual fund is interested in gathering a lot of assets and keeping them. And now it's even worse because even the most sophisticated people have no idea what's going on. ~ Seth Klarman

There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you? ~ Gary Weiss

There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund. ~ Robert Kiyosaki

At first, the only thing that I learned was to save. Then I learned about mutual fund, then later on direct stock investments. I also went into small businesses and even real estate. ~ Bo Sanchez

Yes, the investor is often his own worst enemy. Yes, the marketing colossus known as the mutual fund industry provides the weaponry which enables investors' to indulge their suicidal instincts. No, the fund industry was hardly an innocent bystander in the market boom and the subsequent carnage. "We have met the enemy and he is us" ... all of us. ~ John C. Bogle

Affected hundreds of thousands of ordinary Canadians who have invested in mutual funds that invest in income trusts. ~ Ralph Goodale

The average mutual fund holding period for equity or fixed income is only about three years. It's too short. ~ Kenneth Fisher

Do not ridicule my effort. Everybody likes a comedian's company. That's why they give them tips after watching the
show, not their hard earned money for a mutual fund investment. Give him tips, not your heart. I guess you
understand the difference. ~ Ravindra Shukla

Most active mutual funds are more interested in collecting fees than in boosting returns for investors. ~ David F. Swensen

I've not found ! one single mutual fund, one single real estate investment, any gold, silver or anything else that has given me higher returns than: me investing in myself. ~ Patrick Bet-David

I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification. ~ Ron Chernow

Full service brokers, in this day and age of low cost mutual funds and discount brokers, are really nothing more than machines for ripping off retail investors. ~ Joel Spolsky

The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors. ~ Jim Cramer

I thought a company that provides mutual-fund information could be a great business, because you could construct an effective moat by building large financial databases and customer lists and a strong brand name. ~ Joe Mansueto

Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them. ~ Robert Kiyosaki

If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement. ~ Robert Kiyosaki

I am a very lucky guy. I can testify before Congress. I can raise funds. I can raise awareness. ~ Christopher Reeve

Mothers and daughters are part of each other's consciousness, in different degrees and in a different way, but still with the mutual sense of something which has always been there. A real mother is just a habit of thought to her children. ~ Edith Wharton

Follow the money, Washington reporters like to say. The money is this case comes from taxpayers, present and future, who are the source of every penny of dues paid to public employee unions, who in turn spend much of that money on politics, almost all of it for Democrats. In effect, public employee unions are a mechanism by which every taxpayer is forced to fund the Democratic Party. ~ Michael Barone

I love this man sitting before me now, because I do not possess him and he does not possess me. We are free in our mutual surrender; I need to repeat this dozens, hundreds, millions of times, until I finally believe my own words. ~ Paulo Coelho

Of course, women are capable of all sorts of major unpleasantness, and there are violent crimes by women, but the so-called war of the sexes is extraordinarily lopsided when it comes to actual violence. Unlike the last (male) head of the International Monetary Fund, the current (female) head is not going to assault an employee at a luxury hotel; top-ranking female officers in the US military, unlike their male counterparts, are not accused of any sexual assaults; and young female athletes, unlike those male football players in Steubenville, aren't likely to urinate on unconscious boys, let alone violate them and boast about it in YouTube videos and Twitter feeds. No female bus riders in India have ganged up to sexually assault a man so badly he dies of his injuries, nor are marauding packs of women terrorizing men in Cairo's Tahrir Square, and there's no maternal equivalent to the 11 percent of rapes that are by fathers or stepfathers. ~ Rebecca Solnit

I can help a lot of other people who've gone through the same thing by building a center that will help men and women who don't have the funds to take care of themselves and get the medical treatment. ~ David Gest

There is no more usual basis of union than a mutual misunderstanding ~ Henry James

She has a fund of good sense and observation which, as a companion, makes her infinitely superior to thousands of those who having only received 'the best education in the world,' know nothing worth attending to. ~ Jane Austen

All the translations of a poem in all possible languages may add nuance to nuance and, by a kind of mutual retouching, by correcting one another, may give an increasingly faithful picture of the poem they translate, yet they will never give the inner meaning of the original. ~ Henri Bergson

Perhaps we could revisit the issue of World Cup Host selection for 2018/2022 as some countries feel, and we did say, they are more suitable. Russia was the only high risk location for 2018 and racial chanting is rife there but a Mr. R. Abramovich paid a significant fee to fund the voting proceedings and, not to be discriminatory, we would have to see the same thing from any England/Spain representatives wishing to have another vote. ~ Sepp Blatter

I feel strong in my belief, based on my widely traveled collaborations, that a one-to-one contact through art contains potent peaceful powers, and is the most non-elitist way to share information, hopefully seducing us into creating mutual understandings for the benefit of all. ~ Robert Rauschenberg

Respect flows two ways and can mean as much to the giver as to the one receiving. ~ David Anthony Durham

The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny business because on a net basis, the whole investment management business together gives no value added to all buyers combined. That's the way it has to work. Mutual funds charge two percent per year and then brokers switch people between funds, costing another three to four percentage points. The poor guy in the general public is getting a terrible product from the professionals. ~ John C. Bogle

Innovations in science and technology are the engines of the 21st-century economy; if you care about the wealth and health of your nation tomorrow, then you'd better rethink how you allocate taxes to fund science. The federal budget needs to recognize this. ~ Neil DeGrasse Tyson

We are creatures rearranged, for biological existence continues only through the mutual slaughter and ingestion of its various species. I exist solely through membership in this perfectly weird arrangement of beings that flourish by chewing each other up. Obviously, ~ Alan W. Watts

The only real grounds for attack which the expression of Armance's countenance could offer to her enemies was a singular look which she had at times when her mind was most detached. This fixed and profound gaze was one of extreme attention; there was nothing in it, certainly, that could shock the most severe delicacy; it suggested neither coquetry nor assurance; but no one could deny that it was singular, and, in that respect, out of place in a young person. Madame de Bonnivet's flatterers, when they were sure of being noticed, would sometimes imitate this look, in discussing Armance among themselves; but these vulgar spirits robbed it of an element that they had never thought of noticing. "It is with such eyes," Madame de Mali-vert said to them one day, out of patience with their malevolence, "that a pair of angels exiled among men and obliged to disguise themselves in mortal form, would gaze at one another in mutual recognition. ~ Stendhal

Human life is thus only an endless illusion. Men deceive and flatter each other. No one speaks of us in our presence as he does when we are gone. Society is based on mutual hypocrisy. ~ Blaise Pascal

Mutual love, the crown of all our bliss. ~ John Milton

Thankfully the rest of the world assumed that the Irish were crazy, a theory that the Irish themselves did nothing to debunk. They had somehow got it into their heads that each fairy lugged around a pot of gold with him wherever he went. While it was true that LEP had a ransom fund, because of its officers' high-risk occupation, no human had ever taken a chunk of it yet. This didn't stop the Irish population in general from skulking around rainbows, hoping to win the supernatural lottery. ~ Eoin Colfer

This idea, as you know, that I have firm convictions that the idea of issues being a big deal where our mutual friend went back and he felt so strongly that the determining factor in electoral success should be a proven character. ~ James Stockdale

I don't care if the Koch brothers or Soros spend their money to promote one candidate or another. I care about members of Congress spending 30%-70% of their time raising money from .05% of us. Change the way we fund elections and you change the corruption. ~ Lawrence Lessig

The Crystal Cathedral Ministries, the assets and the buildings, would still be in the hands of the ministries if my father would have simply walked away. When I accepted the role as the next senior pastor, he had agreed to be an ambassador-at-large and raise funds for the endowment fund. He didn't do that. ~ Robert A. Schuller

Shiva and Shakti are indistinguishable. They are one. They are the universe. Shiva isn't masculine. Shakti isn't feminine. At the core of their mutual penetration the supreme consciousness opens. ~ Daniel Odier

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers. ~ Barry Ritholtz

Thanksgiving Day, a function which originated in New England two or three centuries ago when those people recognized that they really had something to be thankful for
annually, not oftener
if they had succeeded in exterminating their neighbors, the Indians, during the previous twelve months instead of getting exterminated by their neighbors, the Indians. Thanksgiving Day became a habit, for the reason that in the course of time, as the years drifted on, it was perceived that the exterminating had ceased to be mutual and was all on the white man's side, consequently on the Lord's side; hence it was proper to thank the Lord for it and extend the usual annual compliments. ~ Mark Twain

We are members of one great body, planted by nature ... . We must consider that we were born for the good of the whole ~ Seneca.

Stocks are the things to own over time. Productivity will increase and stocks will increase with it. There are only a few things you can do wrong. One is to buy or sell at the wrong time. Paying high fees is the other way to get killed. The best way to avoid both of these is to buy a low-cost index fund, and buy it over time. Be greedy when others are fearful, and fearful when others are greedy, but don't think you can outsmart the market. If a cross-section of American industry is going to do well over time, then why try to pick the little beauties and think you can do better? Very few people should be active investors. ~ Alice Schroeder

It is unethical for any man to tax another man's home to fund his social agenda. Friends don't do that, your enemies will. ~ John Taft

The art of giving can exist in different forms for different people. For some, the giving of their time acts as a gift to others who need themselves to be heard. Others might find their way in providing knowledge and help to unprivileged. Yet others can make monetary donations to help fund scientific projects and experiments to improve treatments in the medical field. That's how it works. ~ Aman Mehndiratta

A slight smile curved his lips. "I'm thinking about signing you up for the WWF."

"The World Wildlife Fund?"

Eli scoffed. "Yeah, jailbait, the World Wildlife Fund. You can wrestle those scary panda bears to the ground. ~ Stacey Marie Brown

What more degrades woman today than that she so often seeks marriage as a support? Why is the holy sacrament of love, the sanctity of the family state, so often prostituted and destroyed, but because marriage is entered upon as a necessity or a convenience? And what can so place marriage on its only true basis of mutual love, mutual fitness, mutual esteem, as for woman to make herself independent of it as a mere means of subsistence? ~ Mary C. Ames

Our 20th Century has proved to be more cruel than preceding centuries, and the first fifty years have not erased all its horrors; our world is rent asunder by those same old cave-age emotions of greed, envy, lack of control, mutual hostility which have picked up in passing respectable pseudonyms like class struggle, radical conflict, struggle of the masses, trade-union disputes. ~ Aleksandr Solzhenitsyn

A man who owns a dog is, in every sense of the words, its master; the term expresses accurately their mutual relations. But it is ridiculous when applied to the limited possession of a cat. ~ Agnes Repplier

To be sociable is a risky thing - even fatal - because it means being in contact with people, most of whom are dull, perverse and ignorant and are really with you only because they cannot bear their own company. Most people bore themselves and greet you not as a true friend but as a distraction - like a dancing dog or some half-wit actor
with a fund of amusing stories. ~ Paul Hoffman

The interwovenness of our lives is the source of our solidarity. But it also lies at the root of our mutual harm. ~ Terry Eagleton

Some friendships in life sustain themselves only at a particular life stage, products of some mutual developmental problem to be resolved together, or of some external circumstance, like being housed in the same dormitory in boarding school. Others grow out of a deeper spiritual and philosophical affinity, which continues throughout life. ~ Jill Ker Conway

Men and women are made for each other, but their mutual dependence differs in degrees; man is dependent on woman through his desires; woman is dependent on man through her desires and also through her needs; he could do without her better than she can do without him. She cannot fulfill her purpose in life without his aid, without his goodwill, without his respect ... Nature herself has decreed that woman, both for herself and her children, should be at the mercy of man s judgment. ~ Jean-Jacques Rousseau