Speaking of mushy stuff, I remember you, Jim, from back in the Prodigy days. I just recently (this weekend) found this site, and have been reading the last 30 or 40 posts with great interest. Excellent job, Jim, and it's nice to see Tom throwing in his two cents. I see you occasionally posting in Tom's BB, and didn't know you had your own!
Enough buttering up, because I have a very serious question regarding one of my mutual fund accounts. Hope you can give me some insite for consideration.
I've had an account with Fidelity since January 1, 1992. It has since grown to 46.5K, and holds 7 funds along with their MM (FDRXX) (15.7%). The funds are: Cap&Inc (4.7%), Growth Co.(8.3%), Low Price Stk (8.1%), Mid Cap Stk (7.8%), RealEstate (19.7%), Value (8.8%), and Sel Energy Services (26.9%). I've had an average annual return on this account of 18%. You can see that I've held it through this great bull market, and it has performed pretty well. Now, however, I have decided to convert it to an AIM account, since I personally feel that the free ride is OVER. The question is: Where do I start to find the one fund to apply to the AIM methodology. I'm using Bob's Newport program for individual stocks. I'm ready to make the plunge, and don't really want to diversify into a basket of funds anymore, so I thought I'd "ask an expert" for some advice. If Tom can check this out also, I'd appreciate it. Thanks a lot, and keep up the good work.
Sincerely,
RFH |
