Macleans
Mutual Funds: Best and Worst
First, the good news: the bear didn't strike in 1997, although only the hard-of-hearing could have missed the growling and gnashing of teeth off in the distance.
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First, the good news: the bear didn't strike in 1997, although only the hard-of-hearing could have missed the growling and gnashing of teeth off in the distance.
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Macleans
This article was originally published in Maclean’s magazine on January 27, 1997. Partner content is not updated. That, of course, is the pitch many mutual fund investors want to hear - and one the financial services industry is only too happy to pump out. But savvy investors know that in the markets, big returns often go hand in hand with big risks.
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Macleans
This article was originally published in Maclean’s magazine on February 23, 1998. Partner content is not updated. Steven Hudson learned early about the power of performance-based compensation. As a teenager in Scarborough, Ont., he took a job at a bingo hall for seniors, pushing a refreshment cart up and down the aisles. The more chips and popcorn he sold, the more money he took home.
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Macleans
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