Friday, July 13, 2007

Great Mutual Funds

Two of my favorite mutual funds are Fidelity Low Priced Stock Fund (FLPSX) and Aegis Value Fund (AVALX). I personally dont invest in mutual funds, but I use these funds to get stock ideas. FLPSX is a very large mutual fund that has consistently beat the market for over a decade... Avalx buys on a price/book basis... its stocks have a price/book ratio less than 1 and if i remember correctly, it has not had a losing year since it was founded 6-7 years ago..