Heinz's fondness to fonds

Don't invest in investment-fonds. Better pick up Your stocks and act independently. Here the reasons:

1. Fond-manager have to invest. They can not get out of the market and hold cash for a long period. Because investors would ask them what they do for their money.
2. Fond-manager must invest in the dedicated market. If You believe a market niche like Automobile will slump You can easily sell all Yous stocks. A fond-manager of an automobilefond cannot do that.
3. Fond-manager always invest their money so that in case of a slump they can argument. They never will have visions or act based on a feeling. You can do that.
4. Fond-manager have much more information than You. But information is ruination! More information means that You become a doubter. Sometimes a fast decision is a good decision.
5. You don't know what fond-manager do with Your money, what stocks they buy. Maybe a promising stock is not in their depot. You can buy whatever You want.
6. In some countries fond-certificates cause higher taxes for the investor.
7. There is a higher difference between ask and bid for fond-certificates than for stocks.