SAFT ON WEALTH-Mutual fund investors are their own worst enemies

April 22, 2015 8:58 PM

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April 22 (Reuters) - If the typical mutual fund investor were a racehorse there would be a humane veterinary argument for euthanasia.

Mutual fund investors had a typical year in 2014, according to the annual Dalbar Quantitative Analysis of Investor Behavior study, which is to say they lagged the underlying markets, badly.

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