From: "Elizabeth Richardson" 
Newsgroups: misc.invest.financial-plan
Subject: Re: market vs. limit orders
Date: Wed, 17 Oct 2007 11:00:24 -0500
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"Ron Peterson"  wrote in message
news:1192598099.967522.272710@q5g2000prf.googlegroups.com...
>
> There are many different kinds of mutual funds, doesn't it take
> expertise to pick the right ones?
>

By the right ones, do you mean those that are high earners? I think it takes
less expertise to pick a half dozen or so mutual funds and be successful,
than it does to pick 20 or so individual issues and be successful. Also with
mutual funds, the less one is willing to be involved with tracking progress,
there are now a number of "buy it and forget it" types. You may hold your
nose at these, but the OP was speaking of uninformed investors. I think even
uninformed investors owe it to themselves to save and invest for retirement.

Elizabeth Richardson