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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: chowder who wrote (24639)7/21/2003 9:55:13 PM
From: Fiscally Conservative  Read Replies (2) of 206184
 
dabum

Those who pay fund managers to manage their finances via mutual funds are looking for better returns in that they are not able to achieve a greater return on their own. Those who trade their own accounts are looking for far better returns.

I do not trade like a fund manager nor do I expect the type of return these guys might gain.

I expect,when trading my own account,to far outproduce anything they are capable of. The risks I may take are off set by the potential compensation/loss. Everything in the market is risk based reward. Knowing,or having the idea that what one knows as a balanced approached to risk based management is not an exact science. Each equation is determined by the individual.

btw: I own mutual funds :)

If I may ask,what type of % gain returns are you satisfied with on a given year;with all due respect.
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