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Personal Finance: How to pick a mutual fund

Quick ReadLook beyond the hype and evaluate investment products, like mutual funds, based on their structure and a portfolio's needs.

When all the investment numbers start to blur,

Photo credit: AP | When all the investment numbers start to blur, evaluate why you want to invest. (Feb. 17, 2012)

Business

Next month something very dramatic is going to happen to most stock mutual funds. In fact, it's already started to happen.

The dramatic event is this: Those funds will hit the three-year anniversary of the nadir of the market in March 2009. And that means their three-year-return numbers will start to look amazingly good.

Think I'm being hyperbolic? The most widely held mutual fund --...

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