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Message: <blockquote data-quote="Up In Smoke" data-source="post: 5262903" data-attributes="member: 79702"><p>There is a huge difference between investing and managing a portfolio.  Most people blindly put there money in 401ks and buy a mutual fund that has hundreds of companies in it.  These people hope that the fund managers will actively add and subtract companies based on the guidelines (prospectus) set forth by the institution.  These people also complain the most when their investment under performs.  The people that manage their portfolio will buy (this is important) and sell individual stocks or EFTs when goals are met.  Capturing and profit and minimizing a loss sets these two types of savers apart.</p></blockquote><p></p>