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No. of Recommendations: 0
I am underwhelmed by all of the mutual funds I have looked at in the last 4 years. If ANY of them have made a (significant)profit I would be surprised.

TMF's new fund only needs to make 2 or 3% to be like all the other funds in the world.
I used to relish the articles raking these funds over the hot coals.

There is money to be made in these funds.... by the fund operators. How much of TMF money will be invested in this fund?

A $24.00 annual fee for less than 10,000 invested? What happens after I invest 10,000 and they lose 82% of it? Will I still be charged the fee?

Of course, since we are poised at the (alleged) bottom of this current depression, I feel it is an excellent time to start a new fund since all boats rise with the tide, but outperform? Remains to be seen, especially after the huge fees and taxes.

Might be a good place for ROTH IRA money if you are in that bracket, but even a CD will get you 2-3% without the risk.

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