| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 265.1 | | DECWET::KARMALI | | Mon Aug 17 1992 21:51 | 6 |
| Financial Industrial income is a really good low risk fund.
A lot of good funds are doing bad this year so don't be discouraged.
My advise is to cost-dollar average in on this fund for the long-term.
Also, with the Financial funds, the usual minimum investment amount
is $250 compared with Fidelity requiring 2,500-5000.
|
| 265.2 | | SOLVIT::REDZIN::DCOX | | Tue Aug 18 1992 08:34 | 9 |
| Each week I update my portfolios. One thing I do is calculate the
annualized ROI (including re-invested distributions). The funds I put
in Magellan in 1984 are presently providing a "paper" annualized ROI of
15%. It has been as high as 28% and as low as -10% (right after the
10/87 dive). I chose Magellan because it was large, diversified and
managed for growth; this was a "buy and forget" investment. I have not
been disappointed.
Dave
|
| 265.3 | One opinion .. why sell when its low ? | AHIKER::EARLY | Bob Early, Digital Services | Tue Aug 18 1992 09:41 | 24 |
| re 265.0 Fidelity/Financial Funds 1 reply
> 1. Fidelity
> - Magellan
> - Europe
Typically, right or wrong, I try to follow the semi-yearly analysis of
mutual funds in Money, Business Week, Barrons, and WSJ ... On those which
tend to agree, and haven't already appreciated a lot .. seem like reasonable
investments. Fidelity Health Care has done quite well since 1989 .. provided
one got into it then.
All this smoke stuff about how well funds have done from 1983 to 1989
seems illogical .. because interest rates were as high as 20% or higher
on some investments, with reports of some fund managers yielding 30%.
Right now, I would think stable investments would be prudent. I am not sure
what you mean by "losses", if that is a paper loss or a 'real' loss ...
right or wrong .. some peoples investments are way, way down .. but the
companies are basically sound, and when (if) the recessiionary times end, the
investments should (we hope) pull up toward profitability ... but that is the
long term investment ....
/B
|
| 265.4 | Diversify & Long term | RT95::HU | Olympic Game | Tue Aug 18 1992 10:58 | 21 |
|
I probably will sell Europe Fund and keep the rest for long term
investment.
Lots of people get into Europe Fund after Berlin Wall collapse events,
and hopefull East Europe will become West Europe overnight. Now, all
analyst take their opinion second thought.
If you interest in international investment at this point, why not
pick up a good Global Fund at current climate when U.S stock getting no
where ? T.Row.Price is good. But remember, dollar is weak now, lots of
gain is by currency exchange. Be bailed out before dollar getting stronger.
Also, be diversified with your porfolio. You have 1 Growth fund, one
Regional fund, and two sector funds. I don't know your % weight on
each. You may want to diversify according to your age, your risk level,
and your investment habit, and your retirement goals.
Again, IMHO
Michael..
|
| 265.5 | Very Long Term: Japanese stocks .. | AHIKER::EARLY | Bob Early, Digital Services | Wed Aug 19 1992 10:41 | 18 |
| re: 265.4 Fidelity/Financial Funds 4 of 4
>--------------------------------------------------------------------------------
> -< Diversify & Long term >-
> I probably will sell Europe Fund and keep the rest for long term
> investment.
According to the morning financial news, some analysts believe that
the Japanese Stocks (now depressed way down) will rebound ... but in
two to three years .... careful selection of basic values ought to yield
good results. There is an implied assumption that now all of the
Japanese scandals have been exposed, the stock market sshould become
more like the NYSE or oter American stock exchanges ...
(I wonder if that includes the recent waves of US Scandals and Penny stock
scandals .... ) ...
/Bob
|