Stocks & Mutual Funds Information

Why Change Funds?


On November 17 I bought 7 different mutual funds and went to a 100% invested position. One of the funds I bought was Robertson Stevens Information Age (RSIFX) and it has made money as have the other six.

My readers know I don't recommend buying individual issues. Instead I let the best minds on Wall Street pick stocks for me. Yes, they have nice 6-figure incomes, but I can afford them because they do it for free. These market mavens are the managers of the best performing mutual funds. By best performing I mean they have increased share value more than 99% of all other mutual funds and there are 8,500 funds.

When I say "free" it means I don't pay any commission for their service. All I ever buy are the no-load (no commission) funds. Never pay commission for any mutual fund because there is no correlation showing that paying commission brings better results.

Back to RSIFX. On Feb 7, I noticed that RSIFX started to fall out of the top performance funds. The beginning of each month I review my funds to see if there is any need for a change; it takes me about 10 minutes.

Immediately I called my discount broker and placed an order to sell all shares of RSIFX and to put those funds into PBHG Select Equity (PBHEX) fund that was performing better. Good old RSIFX made me 34% which wasn't too bad for about 2 1/2 months, but it wasn't keeping up with the pack.

What happened? From February 7 to February 25 RSIFX went up 2%, but PBHEX went up 10%. That's 8 full percentage points over just 2 1/2 weeks which is a lot of money for a short period of time.

There is another plus when you use a discount broker. I paid zero, nada, nothing, not one penny commission for either the sale or purchase of either fund.

If you want to retire rich, well-to-do or comfortable you must watch your funds on a regular basis and make changes so you are always in the best performing funds at all times.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

1-888-345-7870; al@mutualfundstrategy.com


MORE RESOURCES:

Aaron Goodlock: On business
Lansing State Journal, MI - Dec 1, 2008
... beginning in 2011, prices paid for stocks, mutual funds and other securities will be independently reported to the Internal Revenue Service. ...


Take action to shave bill on '08 taxes
Arizona Republic, AZ - Nov 29, 2008
Lock in losses by selling beaten-down stocks, mutual funds and the like. You can use losses to offset capital gains. If your losses exceed gains, ...


Morningstar to Create Pension, Endowment, and Foundation Database
MarketWatch - Nov 19, 2008
As a leading provider of independent, objective investment research, Morningstar has amassed comprehensive data on stocks, mutual funds, exchange-traded ...


Research your investments using Value Line database
News-Leader.com, MO - Nov 30, 2008
Value Line is an investment research database that gives consumers access to information about stocks, mutual funds, options and convertible securities. ...


CTV.ca

Tories slammed for lack of stimulus package
CTV.ca, Canada - Nov 26, 2008
They are meant for saving short term to avoid brokerage fees when buying/selling stocks, mutual funds, bonds etc. Such as saving up for a down payment on a ...


'Season of giving' no pale cliché
The Salinas Californian, CA - Nov 29, 2008
Give appreciated securities: Even with stock prices down significantly, many investors have securities (stocks, mutual funds) worth more than they paid for ...


Morningstar to Create Pension, Endowment, and Foundation Database
International Business Times, NY - Nov 19, 2008
As a leading provider of independent, objective investment research,Morningstar has amassed comprehensive data on stocks, mutual funds,exchange-traded funds ...


Spreading the Wealth: Knowledge as Social Inheritance
The Nation., NY - Nov 26, 2008
In 2004, the top 1 percent of American households held almost half of all "non-retirement account stocks, mutual funds, and trusts" and Bill Gates's net ...


Online databases put the world at your fingertips
Chesterfield Observer (subscription), VA - Nov 26, 2008
Morningstar Investment Research Center has information about 30000 stocks, mutual funds and other investments. ValueLine Research Center has indexes and ...


4 Steps to Protect Your Portfolio From the Financial Crisis
Motley Fool - Nov 20, 2008
Whether you hold individual financial stocks, mutual funds, or ETFs, you may have more exposure than you think. If you own the S&P 500 index, for example, ...

Stocks-Mutual-Funds - Google News

home | site map
© 2006