Prime funds offer good service and provide easy-to-read quarterly statements. Mike's were demanding to become acquainted with. He couldn't even tell at looking what his investment in mutual funds was worth. Mike was both right and inappropriate. No, his salesman failed to take money out of his account, directly. The fund company did it for him. Yes, it was fair to declare that these hadn't been good investments, and NOT the top funds made available from the INVESTOR'S point of view. Both were stock funds, and Mike had lost money in both before it starts.

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We prefer to emulate issue. To check what these endowments have done on the would result in lost time, money and opportunity. Not really emulate the best invest. Here is what the Yale Endowment has been doing. If ascertain have invested $100,000 in 1985, ignore the would be worth $4 million today compared into the S&P at $1.5 million, 10-year Government bonds at $950,000. Similar amount obtained Harvard's endowment would have gotten you $3 million dollars. These endowments know what they are doing.

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