Mutual fund dividends need to die. They should be abolished and replaced by specially designed withdrawal plans that investors can choose according to their needs. That sounds like a radical suggestion but actually it’s not because financially, there is already no such thing as dividends in mutual funds. What are called dividends are exactly what I’m suggesting—withdrawal plans. Except that currently, they are misnamed dividends and are arbitrarily structured by mutual funds to suit their own ma ..
China’s sudden stock rally sucks money from India, other Asian markets
Read More