Your money is at risk when mutual funds aren’t diversified – Conrad de Aenlle’s Funds For Thought – MarketWatch

LONG BEACH, Calif. (MarketWatch) — We buy mutual funds because the people running them are supposed to be smarter than us. At least they should be sufficiently astute and disciplined to avoid the mistakes that ordinary investors are prone to make, like taking excessive risk to obtain higher returns and failing to diversify adequately.

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