Don Phillips Funds Quotations

Way too much is made of the slowdown of money into funds in December. For the last several years, there have been countless articles telling investors 'Don't buy a fund in late November or early December' because you might be buying just before it pays its dividend and then you'll have to pay taxes on the dividend next April Investors are doing what's rational and right.

Way too much is made of the slowdown of money into funds in December, ... For the last several years, there have been countless articles telling investors 'Don't buy a fund in late November or early December' because you might be buying just before it pays its dividend and then you'll have to pay taxes on the dividend next April? Investors are doing what's rational and right.

You can buy a lot of closed-end funds at big discounts, or perhaps buy their (open-end) counterparts, but make sure you buy those areas like international stocks that have been out of favor with investors of late,

Investors are favoring lower-cost funds and are putting more assets into them.