The advantage of a mutual fund for small-cap investing is they can do the research an individual might not be able to do and get into a company before the broader market picks up on it.
More Quotes from Peter DiTeresa:
Internet funds certainly smack of being gimmicky. It's still unclear who the ultimate winners and losers will be. It's a squishy area.Peter DiTeresa
The thing that's most off the wall about these funds is they're charging people additional money they could get through an ordinary mutual fund.
Peter DiTeresa
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