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TheStreet Picks
Performance Chasing: A Losing Strategy
By
Richard Widows
01/12/09 - 12:31 PM EST
Don't select your mutual funds with the intent of chasing the fund's prior-year performance. The strategy doesn't work.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,274.40 | 1,096.77 | 2,162.11 | 34.74 |
Oil *
77.93
|
|
UP
27.43
|
UP
3.76
|
UP
11.03
|
DOWN
0.08
|
10 Yr
3.47%
SPDR Gold
109.45
|
|
+0.27%
|
+0.34%
|
+0.51%
|
-0.23%
|
Data delayed 20 minutes |


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