Sometimes, it pays to ignore the long-term.
According to a
Wall Street Journal article, one of the best methods for picking mutual funds apparently ignore the longer term altogether.
The article cites data from
Hulbert Financial Digest that has tracked the performance of dozens of mutual fund advisors over the past two decades.
The five firms that got the most love include the
Ariel Fund; the
Nicholas Fund,
TCW Dividend Focused Fund; the
Wells Fargo Advantage Special Mid Cap Value Fund, and the
Pimco International StocksPLUS AR Strategy Fund.
To learn more on how well they did, and why, read the
Wall Street Journal.
 
Edited by:
Tommy Fernandez
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