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<title>Mutual Funds - AVA Investment Analytics</title>
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<description><![CDATA[AVAIA is emerging useful articles and news provider. AVAIA have a rich material about the leatest issues and top stories. Join AVAIA to have access to the latest material. All top stories in Mutual Funds]]></description>
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<title>Why Mutual Funds are the WORST Investment During Bear Markets (Part 1)</title>
<link>http://www.avaresearch.com/avanew/articles/193/Why-Mutual-Funds-Are-The-Worst-Investment-During-Bear-Markets-Part-1.html</link>
<pubDate>Fri, 15 May 2009 00:00:00 -0600</pubDate>
<description><![CDATA[If you&rsquo;re like most investors, you&rsquo;ve probably stopped looking at your 401(k) statements and other investment accounts. The pain associated with watching your retirement savings evaporate for over a year has become too much for most to bear. But this highlights an important lesson. You need to understand your investments. 
Simply having a fund that invests in companies you&rsquo;re familiar with isn&rsquo;t enough. Knowing the fees, turnover ratio, historical performance, risk-adjus... <a href="http://www.avaresearch.com/avanew/articles/193/Why-Mutual-Funds-Are-The-Worst-Investment-During-Bear-Markets-Part-1.html">more</a>]]></description>
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<title>Why Mutual Funds are the WORST Investments During Bear Markets (Part 2)</title>
<link>http://www.avaresearch.com/avanew/articles/194/Why-Mutual-Funds-Are-The-Worst-Investments-During-Bear-Markets-Part-2.html</link>
<pubDate>Mon, 18 May 2009 00:00:00 -0600</pubDate>
<description><![CDATA[As I&nbsp;continue from Part 1, let me explain further why mutual funds can get killed during bear markets. A down market is the best way to lower the cost basis of the fund&rsquo;s securities positions. But during a bear market, funds have very little cash because investors aren&rsquo;t buying funds. As well, remember that fund managers can&rsquo;t go to cash so they&rsquo;re not able to lower the cost basis of their most undervalued positions. 
But they have another, often bigger problem to c... <a href="http://www.avaresearch.com/avanew/articles/194/Why-Mutual-Funds-Are-The-Worst-Investments-During-Bear-Markets-Part-2.html">more</a>]]></description>
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<title>More Useless Trash from the Financial Media (Part 1)</title>
<link>http://www.avaresearch.com/avanew/articles/348/More-Useless-Trash-From-The-Financial-Media-Part-1.html</link>
<pubDate>Sat, 05 Sep 2009 00:00:00 -0600</pubDate>
<description><![CDATA[  
As I&nbsp;sat at home on this early Saturday morning doing some research, I&nbsp;ran across an article I wanted to bring to your attention.&nbsp; 
First, I&nbsp;want you to notice the title.&nbsp; 
Next, I&nbsp;want you to notice the publication. 
And finally, I&nbsp;want you to ask yourself if the title/claim lives up to its expectations.&nbsp; 
The title of this piece is &quot;How to Sell a Stock Short,&quot;&nbsp;published in Smart Money.&nbsp; 
Once again, we have another journalist... <a href="http://www.avaresearch.com/avanew/articles/348/More-Useless-Trash-From-The-Financial-Media-Part-1.html">more</a>]]></description>
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<title>More Useless Trash From the Financial Media (Part 2)</title>
<link>http://www.avaresearch.com/avanew/articles/360/More-Useless-Trash-From-The-Financial-Media-Part-2.html</link>
<pubDate>Mon, 07 Sep 2009 00:00:00 -0600</pubDate>
<description><![CDATA[  
Continuing from Part 1
Contrary to the claim that Federated&rsquo;s Prudent Bear Fund holds more short than long stock positions, if you check the current top holdings, you won't see a single short position.&nbsp; 

Upon closer examination, you will note that nine of the top ten holdings consist of precious metals mining stocks; so much for diversification. BUT, the total percent of these nine positions comes to less than 3% of the portfolio.

&nbsp;
 



  
What this means is tha... <a href="http://www.avaresearch.com/avanew/articles/360/More-Useless-Trash-From-The-Financial-Media-Part-2.html">more</a>]]></description>
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<title>Target-Date Funds: Another Dangerous Investment Epiphany</title>
<link>http://www.avaresearch.com/avanew/articles/570/Target-date-Funds-Another-Dangerous-Investment-Epiphany.html</link>
<pubDate>Thu, 17 Jun 2010 00:00:00 -0600</pubDate>
<description><![CDATA[You may have heard of one of the newer (marketing) &quot;innovations&quot; developed by the mutual fund industry called&nbsp;target-date funds. They were launched&nbsp;a few years ago as a way to ensure investors&nbsp;they had developed a&nbsp;better way to manage investment risk after many saw their retirement accounts vaporize during the dotcom collapse. 
The idea behind target-date funds is simple and seemingly useful. You select funds based on your target retirement year. Based on the year ... <a href="http://www.avaresearch.com/avanew/articles/570/Target-date-Funds-Another-Dangerous-Investment-Epiphany.html">more</a>]]></description>
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<title>A Look at Harry Dent's Track Record</title>
<link>http://www.avaresearch.com/avanew/articles/750/A-Look-At-Harry-Dents-Track-Record.html</link>
<pubDate>Tue, 26 Apr 2011 00:00:00 -0600</pubDate>
<description><![CDATA[Last time I&nbsp;discussed another member of the media club,&nbsp;Harry Dent. I basically demonstrated how Dent is no different than the other experts praised by the financial media. The previous article can be found here.
&nbsp;
Here, I&nbsp;continue with a review of Dent's track record. As you will see,&nbsp;similar to the other so-called experts&nbsp;promoted by the media,&nbsp;Dent's expertise lies more in marketing than in market forecasting. 
&nbsp;
Just have a look at one of Dent's ma... <a href="http://www.avaresearch.com/avanew/articles/750/A-Look-At-Harry-Dents-Track-Record.html">more</a>]]></description>
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<title>Harry Dent the Fund Manager</title>
<link>http://www.avaresearch.com/avanew/articles/757/Harry-Dent-The-Fund-Manager.html</link>
<pubDate>Fri, 06 May 2011 00:00:00 -0600</pubDate>
<description><![CDATA[I&nbsp;continue this series on Harry Dent from two previous articles, here and here.
&nbsp;
Seizing upon his media &ldquo;celebrity,&rdquo; (which essentially means you have sheep lining up for your perceived expertise, created solely by being seen on television) Dent formed an ETF in 2009 called the Dent Tactical ETF (DENT). This is one of those actively managed ETFs you may have heard about. 
&nbsp;
The fundamental problem with actively managed ETFs is that they absolutely defeat the purpo... <a href="http://www.avaresearch.com/avanew/articles/757/Harry-Dent-The-Fund-Manager.html">more</a>]]></description>
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<title>Mutual Fund Disasters: The Rise and Fall of Bill Miller</title>
<link>http://www.avaresearch.com/avanew/articles/763/Mutual-Fund-Disasters-The-Rise-And-Fall-Of-Bill-Miller.html</link>
<pubDate>Fri, 24 Jul 2009 00:00:00 -0600</pubDate>
<description><![CDATA[From 1991 through 2005, Legg Mason&rsquo;s Bill Miller was the only mutual fund manager to have beaten the S&amp;P 500 Index each year for that 15-year period. That should have been a warning sign alone. Instead, everyone called him a genius. I suppose no one read When Genius Failed.
&nbsp;

It turns out that Miller was no more of a genius than any of the hacks on CNBC. Now Miller&rsquo;s fund is in the bottom quintile in 1, 3, 5 and 10-year performance.
Miller did little more than ride the ... <a href="http://www.avaresearch.com/avanew/articles/763/Mutual-Fund-Disasters-The-Rise-And-Fall-Of-Bill-Miller.html">more</a>]]></description>
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<title>Mutual Fund Disasters: David Tice and his Prudent Bear Fund</title>
<link>http://www.avaresearch.com/avanew/articles/1119/Mutual-Fund-Disasters-David-Tice-And-His-Prudent-Bear-Fund.html</link>
<pubDate>Mon, 10 Sep 2012 00:00:00 -0600</pubDate>
<description><![CDATA[Previously, I discussed how Legg Mason&rsquo;s Chief Investment Officer and fund manager of the Legg Mason Value Trust Bill Miller, went from top to bottom in just a few short years. See here for the article on Miller.  
 
However, I don&rsquo;t want you to get the idea that Miller is a disaster. Despite his rapid fall from grace, Miller is a good fund manager and certainly a wise investor. 
In fact, Miller is one of the better fund managers around, although I&nbsp;personally wouldn't invest ... <a href="http://www.avaresearch.com/avanew/articles/1119/Mutual-Fund-Disasters-David-Tice-And-His-Prudent-Bear-Fund.html">more</a>]]></description>
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