Released: September 02, 2007

Don’t rush to sell mutual funds that fell

Source: Gail MarksJarvis, Baltimore Sun (Free Registration)

Sometimes you just can’t win.

Lately, that’s been the case for people who own mutual funds that invest in stocks.

If you have the average fund that invests in large U.S. company stocks, you probably have lost about 6 percent of the money that was in the fund July 19.

If you have money in a mutual fund that invests in small company stocks, you may have lost about 8 percent.

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