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Making money in this market? Heres howBy Paul R. La Monica, CNNMoney2008-10-7 10:53:34
NEW YORK (CNNMoney.com) -- How bad is this bear market? Out of thousands of offerings, only one mutual fund focusing on U.S. stocks is up this year. You read that right - one! The Forester Value fund (FVALX), which invests primarily in large, blue-chip companies, is up 7.4% year-to-date. according to Morningstar. The average U.S. stock mutual fund is down 28.5%. I spoke with Forester Value manager Tom Forester this morning to find out how's he been able to avoid the market bloodbath and what he's doing now. |
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