Conference nyoss1::market_investing

>    How about some suggestions on funds that offer high growth, low risk,

What is your definition of "high growth"?  5%? 10%? 30%?

Today, I'd say high growth is 10%, more than 3 times money market interest
rates.  A fund that meets the criteria of "high growth", low risk, and no
load would be Fidelity Asset Manager.

John Piekos

    
    Re: .2
    
    By "high growth" I mean something in the vecinity of 13-18% averaged
    over 30 years (nice compounding effect)
    
    By the way, is it indicative, with the DOW approaching record highs,
    that the NAV of Mutual Funds are also reaching record highs..??!?, if
    so, wouldn't this be a bad time to invest in Mutual Funds..?? 
    
    What do you think..?? 

    re: .0
    
    Kaufman is hardly "low risk" and it does charge a 12b-1 fee. Many
    people consider this a "load".
    
    Mike

> By "high growth" I mean something in the vecinity of 13-18%

You won't get that type of annual return from any "low risk" investing option.

Good luck.

John Piekos

    
    I will agree with .5 - mid-teens average returns for greater than 5
    years will never be low risk ...  I like Fidelity funds alot ...
    
    for medium risk I would suggest Puritan or Balanced -- both have
    mid-teen average returns in last 5 years, low teens for 10 years.
    Both funds are no-load - no 12b ...
    
    for more risk and longer term vision - I would go with Magellan --
    3%load with a 14 or 15% average return over the last 10 years.
    With Morris out and Vivnek in for the last year - the fund has 
    returned to path that Lynch took it ...
    
    personal opinions - your mileage may vary ... I am in all 3 funds and
    Equity Income II - all 4 funds have returns of 18-23% in last 12 months
    
    good luck ... jim krieger
    

    
    The Fidelity newsletter thingy is recommending EI-II and International
    Growth and Income right now. Also Value-Priced, or is it small-cap?
    
    Simon

    
    
    Well, I just bit the bullet today, and invested in Evergreen
    Foundation, 20th. Cent. Ultra, Kaufmann, and Dreyfus Growth & Income.
    
    I know, rather aggressive, but confident that past performance
    will.....
    
    Wish me luck. 
    
    By the way, what is the best way to monitor the progress of Mutual
    Funds..??. 
    

re                       <<< Note 532.8 by SCAM::MURDOCK >>>
                            -< Took the plunge..!! >-

>    By the way, what is the best way to monitor the progress of Mutual
>    Funds..??. 
 
Your paper's business section!  The Globe carries most mutual funds prices
on a daily basis.  Get a note book and keep track of it weekly.   

  Re..8

   >>>>
    Wish me luck. 
    
    By the way, what is the best way to monitor the progress of Mutual
    Funds..??. 
    
  >>>>

   Good Luck!. 

   This might be useful if you have a PC:

   I use Quicken (about a 30$ package) to keep track of transactions and 
   you can get rate of return calculations up to the current day if you plug in
   the latest prices from the newspaper. Their graphing capabilities
   are excellent!. I use it only for this!

   I believe Kiplinger's Free Money (remember the 6.95$ deal that CA is
   offerring for the first 1 million customers - Look up the latest PC Magazine
   if you want more details) can do something similar.

   Nari

   

    re .9
    
    and only slightly with tongue in cheek.....
    
    If you have to ask, don't!!!
    
    Seriously,,,
    
    So many times I have seen novices buy a chunk of whatever and then
    check up on it each and every day.  Before long they find that they are
    either laying awake at night counting their 'paper profits" or worrying
    about their losses that are happening due to normal market cycles.
    
    If you MUST keep track of what they are worth, take the Sunday
    financial sections and look them up in there.  That is often enough for
    someone who is truely in for the long term.  You are, aren't you???
    
    Create a Lotus spreadsheet and update it weekly (sometimes it will be
    weakly).  After a while you will be able to chart trends besides
    graphing out your net worth.  It can be a learning tool, if you
    remember that you are in for the long haul and that you sell ONLY
    because selling will enhance your long-term position.
    
    As Always, For What It's Worth...
    
    Dave

    and... if you don't want to spend the buck-fifty for the Sunday Globe.
    There is an 800 number for each fund that you can call in and check on
    the closing prices. Call your funds and ask them what the numbers are.
    
    Mike

    
    I track information on my mutual funds on an Excel spreadsheet.  By
    dialing in to the 800 numbers that most funds have for checking "todays
    value," then entering that info on the sheet, I can calc and graph
    current returns, share prices, net profit/loss, and most anything else.
    
    But I second the advice: don't check every day, and don't move your
    funds around just because they drift down every now and then.  Long
    haul!
    
    /bob

I say "check the NAV everyday".  First off, I enjoy tracking my funds daily.
I believe that I'm disciplined enough not to lose sleep. Second of all,
I find it very interesting to see how my funds move in relation to the DJIA,
interest rates, and other market impacting events.  This gives me a good idea
how volatile my funds are, which I can check against my original expectations.

So, don't be afraid to read the Mutual Fund quotes every day.  Also, while
you are there, skim through the business stories, you may learn something
interesting, pertaining to investing.

John Piekos

    
    re: long haul only
    
        imo, the important thing is to have _some_ criteria for selling
    	that doesn't consult your gut and then stick with it.  How long
    	you hold it doesn't really matter.
    
        i've had reasonable results using a pretty simple technical
    	(trend following) indicator.  if that doesn't suit you, then
    	buy when you have a stock/fund with a convincing 'story', and
    	hold on to it as long as the story continues to make sense; sell
    	it when the story doesn't make sense any more.
    
    	the point is that time per se doesn't have much to do with it;
    	what matters is that you have a selling discipline that isn't
    	tied to your emotions.
    
    /jim
    

    I also check my funds on a (almost) daily basis. I keep a log book and
    record the daily values of my funds. I can not argue the value of
    checking it daily vs. weekly or monthly, besides the points stated in
    .14. I just feel like doing it. I use Quicken to track the performance 
    of my funds. 
    
    I have faith in the fund managers and the funds I invest in. I don't
    loose any sleep if any of my funds goes down 1% or 2% in one day (and
    this has actually happened). Because, I know I invested in a quality
    fund and I know it will regain its value and perform well in the long
    run.
    
    Mike

I'm a weekly tracker on paper.  I also like to just glance at the prices on
a daily basis, espec. when the market moves drastically up or down, just so
I see/understand the effect on my investments.

I still do not own a pc;  I have a 3100 at home which i should probably
return to DEC and buy a PC...  someday, when i turn some good profits, right?
yeah, that's it.

 Re: .12   SOLVIT::CHEN


>>    and... if you don't want to spend the buck-fifty for the Sunday Globe.
                                            ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
I moved out of Mass ~3 yrs. ago. I can't believe that the Sunday Globe costs
$1.50...?!?!  Is that accurate...??

BTW, has anyone out there had any recent experience with the Telephone 
Switching Newsletter published by Dick Fabian..??. 12 issues for one year at
$137 seems pricey...

    > I moved out of Mass ~3 yrs. ago. I can't believe that the Sunday
    > Globe costs $1.50...?!?!  Is that accurate...??
    
    It's accurate.  Judging by the size it must take a full week to
    read it too.
    
    Martin