[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

363.0. "Fidelity Insight. How insightful are they??" by MCIS2::SHERWIN (Jim Sherwin) Mon Jan 25 1993 12:14

    	I've searched this conference and its predecessor conference,
    	INVESTING, but without success.
    
    	Would anyone care to offer an opinion on the Fidelity Insight
    	newsletter offered by Mutual Fund Investors Assoc.  The offer is
    	$39/4 months or $99/1 year, each with a raft of addins/throwins.
    
    	Thx
    
    	Jim
T.RTitleUserPersonal
Name
DateLines
363.1Fidelity Insight...MILKWY::JSIEGELMon Jan 25 1993 12:446
    I got the same offer recently, and decided to try it, since you can get
    a full refund after reviewing the 1st 2 issues.  I'm waiting for the
    first one to come.  But I'm also interested in opinions from anyone who
    is familiar with this newsletter.
    
    Jon
363.2It's worth a tryKOALA::DIMSUM::grinnellMon Jan 25 1993 16:0510
I've gotten it for a few months, and I have followed some of his 
recommendations, most to good profit (the exception, Europe fund, is still flat 
this year.)  I think his charts are great, and the model portfolios are doing 
well.  I want to be a very low maintenance investor, so I'm willing to pass on 
getting the absolute *best* fund in any investment type to stick with one fund 
family.  I like have someone do some research on that fund family and give me a 
summary, too, and I think he's doing a good job.  But there are no gurus.  You 
can't put all your trust in anyone's investment advice, not Uncle Fred and not 
MFIA.  So, <sigh>, I guess we'll just have to keep paying attention to the 
world out there.  Just when I thought I was safe...
363.3good stuff!CSLALL::TMORANMon Jan 25 1993 16:4310
    I have been getting this newsletter for the last 9 months and I 
    recommend it highly.  The author is a former employee that knows
    both the business and the fund managers. He provides excellent models
    and supplies updated data on each fund monthly.  His track record is
    excellent.  I only wish that I signed up earlier.  
    
    
    
    Hope this helps.  
    
363.4Address Please?ULYSSE::JULLIENVincent Jullien - Telecom Network Management ProgramTue Jan 26 1993 09:563
	Sounds interesting. Can you include their address in this conference?

	Thanks, Vincent
363.5KOALA::DIMSUM::grinnellTue Jan 26 1993 12:1710
I think you can write to the address below and request a free copy of 
"Fidelity Profit Alert", their sales pitch.

Mutual Fund Investors Association
PO Box 9135
Wellesley Hills, MA 02181-9415

or try
 (617)235-4432

363.6Thx and further contact infoMCIS2::SHERWINJim SherwinWed Jan 27 1993 09:2611
    re: .2 and .3
    
    Thx for the feedback!
    
    I think I'll give it a try.
    
    
    re: .4
    
    In addition to the info in .5, they can be reached at 1-800-638-1987 or
    via FAX at 1-617-235-5467.
363.7call 800-444-6342BRASS::KRIEGERThink positive, make a difference every dayWed Jan 27 1993 13:5812
    
      the previous 800 number is for placing orders ...
    
      for getting a free copy of the news letter call 800-444-6342 
    
      she asked where I heard about it -- I told her a "computer bulletin board"
      It definately was not one of her menu choices -- I tried to explain,
      but to no avail ... 
    
    jgk
    
    
363.8One thumbs up, worth the $99 bucks for single fund family investorsSFC01::SFC01::SMITHPWritten but not readThu Jan 28 1993 13:4013
I have recieved this for a few years. Their growth model goal is to beat the
SP500 with less risk. They have done that. They have done a great job of 
weeding through Fido funds an picking the 4/5 that are worth holding. They have
done a so-so job at market timing, but thats not their stated goal anyway. They
have had 2-4 trades in their growth model per year on average which suits my
style just fine. I still give them a one thumbs up and will renew again for the 
following reasons:

	.Their fund picking is usually top draw.
	.Advance notice of new funds about to be issued (based on SEC filing
	 research). They were on Low-Priced Stock fund from day one, months 
	 before the media types caught on.
	.Interviews with fund managers, can be very revealing at times.
363.9$99/yr for 30% return rate...FREEBE::NEARYBob NearyMon Feb 01 1993 15:3120
    I've subscribed for a few years and have been very happy with the
    results. My only problem was averaging into the funds over time.
    When I first got onboard I saw what he recommended and "nibbled" at
    recommendations. I intended to average in over a few months or so until
    I reached his percentages, say
    25% capital + income
    25% low-priced stock
    25% Spartan LTD 
    25% value.
    However, after a few months all the funds were up 10-15% or so. I
    figured that it couldn't keep up like that -- WRONG !.
    It just so happened that he picked the top funds a few years in a row.
    Capital + Income and Low Priced Stock were up 25-30% a year for a few 
    years. I made 30% on what money I had put there but had I followed like
    I should have, I would have had a 30% return on a much larger base.
    
    Very happy with his advice and will continue to subscribe.
    
    
    
363.10Luck or skill?SLOAN::HOMSun Feb 14 1993 23:4012
    
    In 1992, 27 out of 30 (90%) Fidelity equity funds beat the SP500.
    In 1991, 18 out of 29 (62%) Fidelity equity funds beat the SP500.

    It appears that anyone investing with Fidelity would have done fairly
    well.
    
    Gim
    
    
    
    
363.11Skill, not luck IMHODABEAN::NEARYBob NearySun Feb 21 1993 20:5420
    re .10
    
    Gim,
    
    There's nothing in this for me. The S&P500 was up 7.6% in 1992.
    
    He had me in Low-priced stock -- UP 29.0%  (BTW #1 growth fund)
                 Capital & Income -- UP 28.1%  (BTW #1 bond fund  )
                 Value            -- UP 21.2%  (BTW #2 growth fund)
                 Inv Grade Bond   -- UP 8.3%   (Money Mkt alternative)
                 Europe           -- DN 2.5%   (Coming on now. rates down)
    
    In previous years he had similiar results. He has been recommending
    Select S&L  and Regional Banks for three years in his Speculative Model
    Regional Banks  -- up 48.5% in '92 and 65.8% in '91
    Savings and Loan - up 57.9% in '92 and 64.6% in '91.
    
    Do what you like but I'm a believer.
    
    
363.12Two questions re: newsletter model portfoliosCADSYS::RUBINDianaThu Mar 11 1993 13:3020
Re:

>    He had me in Low-priced stock -- UP 29.0%  (BTW #1 growth fund)
>                 Capital & Income -- UP 28.1%  (BTW #1 bond fund  )
>                 Value            -- UP 21.2%  (BTW #2 growth fund)
>                 Inv Grade Bond   -- UP 8.3%   (Money Mkt alternative)
>                 Europe           -- DN 2.5%   (Coming on now. rates down)


1. Logistically, if one decides to follow one of the recommended portfolios
   in the MFIA newletter, what do you do about the Low-Priced Stock fund since
   it's now closed to new investors?  Does he give alternatives to this
   particular fund?   

2. Have Sheldon Jacobs model portfolios (No-Load Mutual Fund Investor
   Newsletter) done as well as MFIA's?


Diana
    
363.13MKOTS4::REDZIN::DCOXThu Mar 11 1993 14:138
    Unless something is in the mail......
    
    Fidelity Low Price SF is not closed to new investors.  It was closed
    for a while last year since the inflow of cash was so much that the
    manager could no longer meet the goals of the fund.  What HAS changes,
    is that thre now is a 3% sales charge for new purchases.
    
    Dave