WHAT YOU ARE UP AGAINSTWhat follows is a quote from a highly-respected industry source of mutual fund performance data. It's the "PR" spin that I want you to see. It's the typical corporate coverup that is designed to "numb" you into following the traditional investment paths.
"Scruggs (a mutual fund manager) has been able to keep mistakes to a minimum. The large cap fund suffered a painful 33% loss in 2008, but that was better than the 37% drop in the S&P 500"
I think it's safe to say that "better" still sucks, being a totally misleading characterization of what happened in that fund and in most others like it during 2008. You do have choices...