Buying stock in individual companies is pretty risky. For most investors an indexed mutual fund is the best choice. Indexed means they are passively managed, they invest in a number of stocks with the goal of tracking one of the major indexes like Dow, S&P, etc. They don't try to guess what's going to be "hot" this year like actively managed funds.
Over the years you'll find that actively managed funds don't outperform the indexed ones; but they always charge a higher management fee for their "expertise". The ones that did well last year were lucky last year, that doesn't mean anything about how well they'll do this year.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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