January Effect Investing 1999 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : January Effect Investing 1999

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dale Baker who wrote (5)	12/29/1998 7:56:00 AM
From: Q.	Read Replies (1) of 38

To identify a basket of these stocks, I screened mutual funds that you can buy through your broker. Two no-load funds look good for their very-small-market-cap holdings: SHSTX has $136 M median market cap, and holds stocks over $5 with low institutional interest and no analyst coverage. Performance is comparable to the Russell 2000 (RUT). Fund is called Babson Shadow Stock. WMICX has a $161 M median market cap, and significantly outperforms the RUT over all time periods. Fund is called Wasatch Microcap. I turned these two funds up by screening, using www.quicken.com, and then I looked at the Morningstar and ValueLine to check the fund philosphy, performance, open to new investors, etc. I bought both funds, anticipating on holding through January. The broker charged me a $25 transaction fee, which will amount to $50 roundtrip, so doing this is only reasonable (< 0.5 % transaction costs) for an amount over $10 k. Buying a mutual fund through your web-based broker is really just about like buying a stock. You enter the ticker symbol and click the buy button.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next