It seems the author is onver enthu of Mutual funds. I agree Mutual funds are safe way to invest in the market then directly jump. As of the data presented by him...he started earning profi only after May 03. This is after 2 year of constant investment. (he started his investment on Feb 00). He started earning profit only after the market started booming. such as during bear market perion he was losing his money.
Who is ready to incur constant loss for this long time?