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Strategies & Market Trends : Fidelity Select Sector funds

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To: Money Mood who wrote (582)12/23/1997 11:42:00 PM
From: RFH  Read Replies (1) of 4916
 
Viktor and all: Re: FSESX I bought this fund in May of '95, at around $14.00, and have been reinvesting cap. gains and income. Bought more in Sept. of this year at 33.50. I'm sitting on a really tasty gain, (Quicken says it's a 30% per year average annual total return), but refuse to sell it until after the 1st of the year. I'd rather give it up to the market than to give it up to the US govt. at this time. Just sweating it out for a couple of more weeks. It hurts to see my account diminishing by hundereds each week recently. Advice, please. Am I being stubborn, stupid, greedy, or would you do the same? Great thread here. I love it.

Sincerely,
RFH
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