bearkeley
Recycles dryer sheets
- Joined
- Aug 20, 2005
- Messages
- 299
Ok so I own two mutual funds which while they preformed OK for a short while (OAKLX and MSSFX) and they were rated fairly highly when I purchased them, they seem to have dropped to the bottom of their respective categories and lost quite a lot of value.
So the question is how do you decide when to dump a fund (any thoughts on these two funds would be helpful) when you know that just because it is performing badly today (last two years) the underlying stocks may begin to turn around tomorrow.
And once you dump them what do you buy to fill their repective place in a portfolio?
So the question is how do you decide when to dump a fund (any thoughts on these two funds would be helpful) when you know that just because it is performing badly today (last two years) the underlying stocks may begin to turn around tomorrow.
And once you dump them what do you buy to fill their repective place in a portfolio?