Why do people talk bad about mutual funds when 401ks at least seem to only allow investments in them?

Question:

Lately especially I've heard alot of people talk bad about matual funds but at least in my case my 401k only offers that & a limited selection so at least when it comes to that part of my finances I have little room to change the mutuals fund, the type of investments, or the break down in which the fund invests so why do they still talk so negatively about it. I can see if you invest in mutual funds for the false hope that its an easy or cheap way to "diversify". I do see some positives to investing in them but I also wish I had more control or choice in them especially when it comes to my 401k. Anyways I just thought I would ask why people talk bad about them & so often if they are bad when there's not a lot of choice? Thanks for putting up with this silly question...

Answer:
I got a 11 percent rate of return last quarter. The year before I lost money. People talk bad about them when they lose, and love them when they win. I think I'll stick with mutual funds for my 401K -- can't be any worse than Enron stock.

First answer correct. When we win, we boast. When we lose they a rip-off.
My problem is the tax break people "Think" they get with this type of investment. I would rather pay as I go. Heck, I am afraid the Taxes be more by the time I retire and the Break I get now not worth paying later when I not working. But, I could be wrong. Depends, I guess, on how much a person take out each year. But, this my warning to people and each person needs to do what they feel best for them.

Why do people talk bad about mutual funds when 401ks at least seem to only allow investments in them?

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