[quote=Hatfield]
On the other hand, your mutual fund will never call you on a Friday night and tell you the water heater is broken.[/quote]

True, but you usually won’t log into your account holding your rental income and seeing it down by 15-20% in a week because of some analyst downgraded you and/or some hedge fund went heavy into a short position and spends considerable amount of time trashing the company on PR newswire. Ever since I see how some of these hedge fund companies play, I really don’t like buying individual stocks anymore.