среда, 14 марта 2012 г.

Stock funds that rallied are risky

After the stock market's steep drop April 14, one lesson seemsclear: Investors in stock mutual funds can run, but they can't easilyhide.

Only a handful of stock portfolios gained ground that day amid arecord 618-point loss for the Dow Jones industrial average and worsedamage for indicators such as the Nasdaq composite index.

Of the few stock funds that rallied that day, most aren't the typeyou'd want to bring home to mom. Many are more risky than mainstreamstock portfolios. Some examples:

Gold funds. They were winners April 14, rising almost 2.3 percenton average, according to Lipper Analytical Services in Summit, N.J.The funds invest in gold-mining firms such …

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