Deciding which mutual funds make the best investments is especially hard because there are thousands to pick from. Some are load and some are no-load. Some do well over a year, but poorly over five years. Some do well in up markets and some do better when markets are falling.
24/7 Wall St. looked at the "Best Funds" lists of the publications that have for years devoted a tremendous amount of their editorial effort to evaluating mutual funds. We conducted a "meta-data" study to find out which funds were on more than one list. The number was very small.