Way too much is made of the slowdown of money into funds in December, ... For the last several years, there have been countless articles telling investors 'Don't buy a fund in late November or early December' because you might be buying just before it pays its dividend and then you'll have to pay taxes on the dividend next April Investors are doing what's rational and right.
More Quotes from Don Phillips:
You can buy a lot of closed-end funds at big discounts, or perhaps buy their (open-end) counterparts, but make sure you buy those areas like international stocks that have been out of favor with investors of late,Don Phillips
The fund industry needs heroes. You need star managers to generate interest.
Don Phillips
You want to start a discipline. Get with the program. See what it's like to be in the investment markets.
Don Phillips
We have doctors, lawyers, judges, CEOs, teachers, surgeons, everybody from all walks of life,
Don Phillips
Currently, we struggle when we want our kids to take advantage of Palomar College, because the main campus is a long drive away.
Don Phillips
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