Hi Arnie: Re mutual funds:
I have half my money in mutual funds with Fidelity and half my own nonsense with Datek. I hadnt looked at my Fidelity account for a while so I updated and looked. Here is what I figured out with my little calculator:
My own management went up 100% by Aug and down 22% by today's miserable prices.
My Fidelity account went up 50% by Aug and down 10% by today's miserable prices.
I'm more aggressive than them I guess and gain and lose more. Dont know what the final upshot will be!!!! I do know had I followed my game plan on stocks I bought to sell at a certain gain (I got greedy and didnt) I would have only gone down about 10% same as FIDO but I went up a lot more.
And I'm pretty new, inexperienced, and overemotional at this, it isnt quite a second professionallly done job YET!
So I agree with you. But a lot of my FIDO money is in a 403B and it has to stay with FIDO, company rules.
Best wishes,
Nextel didnt do too badly today considering.
Still hoping for that $10,000 a share for Nextel in five years, then my other mistakes wont matter at all!!!!!!!!!
You can all visit me on my acreage. I'll turn the electricity off for the day (to the outside fence, of course, will leave the heating on!!!)
Freeus |
