OT: one thing you might consider, is ETFs (Exchange Traded Funds). They are essentially mutual funds, that trade like a stock. Lower fees, more liquid (no loads, trade anytime the market is open), and usually better tax treatment. Also, you always know in realtime exactly what the Fund is composed of, as opposed to mutual funds, who only tell once a quarter.
I have recently started nibbling on BBH (made up of 20 biotechs chosen my Merrill Lynch). I like the sector LT, think it's sufficiently beaten down now, but don't like the "event risk" inherent with biotechs. Fee = 0.08%/year. There are ETFs for lots of other sectors and markets.
Lots of people giving more serious thought to Capital Preservation now, than they have in a decade or more. IMO, dividends are going to come back into fashion. And being a "growth" stock will not be an excuse for not having a dividend. |
