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Non-Tech : The Critical Investing Workshop

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To: Wharf Rat who wrote (30912)8/29/2000 1:21:59 PM
From: dustcatcher  Read Replies (2) of 35685
 
In re drugs, etc.

A couple years ago I came to the conclusion that I was far too heavy in high tech and got interested in drugs. The more I looked the more confused I became. Without a really intensive look at the whole sector which one(s) to buy was too much of a problem. So, mutual funds came to mind. Looked at those in this sector and decided on Vanguard Health Care fund (VGHCS). Put a whole $15k in that fund. Since then it has been closed to new investors, then that was lifted but there are still limits on what one can invest (I think the limit now is $25k but as I haven't had any money to spend, haven't kept track of it.)

This fund is doing quite well. Since I purchased it in 1/99 the $15k has grown to almost $21k. That isn't spectacular but it's good enough so that next January I'll probably buy some more.

---Jack---
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