Episode 95: Choosing the best fund vs the right fund

Many people have this idea that there is a ‘best’ fund out there that they should buy. If you look at performance and other criteria, there really are funds which may be the best. But should you be buying them? Not necessarily. Buying the right fund is like buying a new pair of jeans. The colours and the patterns matter but you need to find the one that fits you the best. To find your right fit among mutual funds, you need to ask the questions which only you can answer.