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Pastimes : John Dessauer's Investors World

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To: Keith Garlitz who wrote (1495)8/13/1998 8:37:00 PM
From: Wren   of 2346
 
Keith, you are right. A lot of JD's picks require patience. That is the reason I now watch them a while to see if they are going to move down some more.

The European stocks certainly have moved up in the past two years. Two years ago next week, I bought a closed end fund, World Wide Value Fd, which in spite of its name was 100% in Europe. It open-ended months ago and I recently sold my entire position to lighten my international exposure. I doubled my money.

I just did an over simplistic calculation and added the gain or loss percentage in my international stocks that JD recommended. They show an average gain of only 64%. This includes the bad Asian losses.
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