If I were a mutual fund manager, these are the stocks that I would put in my fund. Yes, just five, with an average current price of $4.00 per share. All "dot com" stocks. Sounds like a nice safe and well-diversified investment right? Well, I don't care. I'm investing in The Five Alive Fund with my very own $. If they all continue to tank, at least I won't be messing up anyone else's portfolio. I believe that "dot com" investments will come back in time.
I completely missed the first "Internet gold mine" in dot-com stocks. I won't miss it this time around. This mutual fund has an expense ratio of 2.00%. Thusly, we will compare results to Van Wagoner Microcap and Red Oak Technology Select, because they are the best micro-cap and technology funds, respectively, for the past year (both up over 100%), and this is a micro-cap technology fund. I will outperform the best. NAV (10/18/00): $10.00.
My self-managed fund is my only investment! |
