Best Buys

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Fund performance comes and goes. Costs, though, are everlasting.

All Best Buys have low expenses. But note their letter grades here and in the main fund tables (see p. 184): Some Best Buys get a D or even an F, usually in an up market. Still, they didn't necessarily lose money; maybe they made 7% in rocking 1999 while an A stock had a 96% gain. And almost all funds with D's or F's in one kind of market had an offsetting good grade in the opposite kind.