In his latest Eureka Report article, Scott Francis looks at the star fund rating system applied by Morningstar and concludes the search for information is a challenge for investors. Agencies that rate investments act as important gatekeepers of information, but the process of rating funds and the future performance of funds after receiving high ratings is not without its challenges. After all, if successful investing was a simple matter of investing in those funds that had posted high performances in the past we would all be millionaires many times over. It isn't and we aren't – so we have to keep sorting through the information we have at hand as best we can, to make the best decisions possible.
To take a look at Scott's article please follow this link - Don't be starstruck
