Morningstar Star Ratings - Achievement Not Aptitude

Investing in mutual funds can be highly complicated. Following a strategy, balancing an investment portfolio, and selecting good quality investment managers isn’t easy for the average investor.How do you choose your mutual fund investments? Do you perform analysis on fund managers and scour through dozens of investment websites? How do you decide which funds are the best to invest in? While there aren’t any easy answers, there is definitely one sure fire strategy to avoid!Unfortunately, most investors pick mutual funds based on the Morningstar Star Rating system rather than follow a solid investment management strategy. While it’s a seemingly viable solution for picking which funds to invest in, the reality is it’s a horrible investment strategy.Morningstar is an excellent source for data. Fund statistics and other information like fees and expenses, commissions, beta, and standard deviation are presented
Morningstar Star Ratings - Achievement Not Aptitude