Blue, I'll give my stock pick next. First hyar's a good Ace just in case he has a dog fund he can switch over to this one with no penalty after you've nailed that 10K to a Real Internet Stock. Then here's a mutual to get his net feet even wetter, heh heh.
U did good, Pal. ResQ & Re-prog yer Bro from the Cult Of Funds (funds R safe, stocks R dangerous, etc.) isn't EZ. Bravo! When They get a mutual fund client in solid They don't want to let 'em go to stocks so easy... especially if he's been with the broker awhile & made some Dow-beating returns & broker gets plenty fee premiums & comp trips.
The MerilLnch xhhhx is their brand-newxInternetBasketFundx
just started trading last Thursday.... such start-ups almost gar-ron-teed 2 do real good in the next while with many new buyers flocking. Details R on the xmerrilllynch.comx site in news or search.
I got the xMunderxNetnetx Fund in Dec. to race my stocks against it, it's done Real Nice but My Shares have done even Better. No fees, no taxes when it's down, get splits.
Any Fund is good w/ Meril as they figure out all the taxes correctly and give complete statements, etc. - unlike many others. xhhhx is rather unique U can buy shares of any chosen security on the holdings list of 20 (Many Techriders Favorite stock are in Holdings & GNET is on that list too)
for a (extra probly) fee of .10 a share but what I don't know is whether you get to pick the moment to buy it or if it's a guessing game like mutuals are. Mutuals are a mess IMHO with the NAV coming out after the close and complex taxes & early redemption charges and fees and mystifying moves and not getting splits and all.
OK SCRATCH THIS.... MY INTERNET STOCK PICK IS NEXT....
909s,
Joanie |
