Fred Harteis News Articles - Can things get any worse for fund investors? Apparently so. You already know what a terrible year 2008 was for your stock funds. Through Nov. 21, domestic equity funds fell 48% on average, while their foreign counterparts did even worse - dropping 54%. But it's not just that the average fund lost around half its value. Every single stock fund was down for the year, according to Morningstar.
But wait, there's even more: By the end of the year, some not-so-lucky investors will have received taxable gains from their money-losing funds. Yes, that sounds ... more »
