Growth of 10K
Interpreting Morningstar’s “Growth of 10K” Graphs
When I had less experience Morningstar’s “Growth of 10K” charts impressed me. They made mutual fund investing appear to be a lucrative and easy strategy. Mutual funds are certainly useful. But the “Growth of 10K” chart should not be the sole basis for decision-making. Morningstar (morningstar.com) is a fantastic source of free data for investors. I …