However, to assume that mutual
funds are the only game in town is to overlook the many positive benefits of individual stock ownership, especially ownership in emerging growth stocks.
Not exact matches
I have
been in mutual
funds since the late»80s, when that
was the
only game in town (other than stocks and bonds, i.e. before ETFs).
And while, yes, you won't get to use your contributions to lessen your income for tax (as with a traditional IRA) or withdraw the
funds tax - free when you retire (as with a Roth IRA), if you've maxed out all of your tax - sheltered accounts, it
's the
only game in town.
Mutual
funds were pretty much the
only game in town for retail investors to play the stock market.
My experience has
been that older investors
are more prone to having their savings stashed
in high - fee mutual
funds that
were the
only investment
game in town in the 1980s and 1990s.