Mutual Funds for the Rest of Us

Mutual Funds for the Rest of Us: "Talk about taking a good idea and running it into the ground. Mutual funds are supposed to be the ultimate simple solution for investors who don't have the time or interest to choose and track individual stocks. The concept couldn't be more straightforward: invest in a stock fund and you become a shareholder in a diversified portfolio of dozens of stocks overseen by a professional money manager; or, plainer still, you can go with an index fund that merely tracks an overall market barometer such as the Standard & Poor's 500. "