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Strategies & Market Trends : Fidelity Select Sector funds

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To: MoneyPenny who wrote (4660)6/26/2002 10:36:50 AM
From: Angler   of 4916
 
For now, MoneyPenny, I'm avoiding stocks (including sector funds), but still have a small position in Gold with a reduced holding in FSAGX and a few hundred shares of GG and PDG.

With the continued revelations of misdeeds by corporate reporting of their profits and losses, I can't see any moderate interest in my buying and holding stocks for the forseeable future. I'm stuck with too many already.

My investments have leaned towards REITS, bond funds and now back and forth into gold (which is a good hedge) I have not been disappointed by timely investments in FAX (which you recommended a few months ago)and Reits like PCL, SPG and FB. FRESX looks fine to me also.

Angler
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