Prime funds offer good service and provide easy-to-read quarterly statements. Mike's were demanding to have an understanding. He couldn't even tell at a glance what his investment in mutual funds was valued at. Mike was both right and wrong. No, his salesman does not take money out of his account, directly. The fund company did it for to him. Yes, it was fair to claim that these aren't good investments, and NOT the top funds made available from the INVESTOR'S point of view. Both were stock funds, and Mike had lost money in both right away.
The state of mind behind this sort of of method denial. People believe they can reduce their initial entry price by continuing purchaser more considering that stock's price falls on holiday. It's the modus operandi of distressed traders, traders in a panic or anxiety. As a strategy it is hardly ever effective. Become worse matters worst, you'll magnify your losses if the stock keeps dropping.
Very value and
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