How to judge the claims by the mutual fund managements?

August 6, 2011 11:45pm CST
There are now so many mutual funds available in the market. All of them claim to be the best available in the market. Can anyone suggest some means to verify the justification of such claims by the mutual fund managements so that I can join the best of the lot and earn a handsome amount of profit?
2 responses
@dorannmwin (36698)
• United States
10 Aug 11
Really the most important thing that you need to look at when you are looking to invest in a mutual fund is how much commission you will have to pay for having that mutual fund. There are some places that are full of commission fees. However, there are others that are not that high on commission. The best thing that you can do when making your investments is to find the companies that have good ratings and are also low on commission fees.
@dismalgrin (2470)
• United States
8 Aug 11
I don't mess with that because I don't trust it. If I don't have cash in my hand it's not worth anything to me. For this reason when I cashout on mylot I head to the ATM... when I get giftcards to through other sites I spend them soon after I get them on things that I really need. If it's in my possession it is worth something to me. Concepts aren't worth anything to me.