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Strategies & Market Trends : Fidelity Select Sector funds
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To: Tech Bull who wrote (49)2/1/1997 12:39:00 AM
From: Archie Bunker   of 4916
 
No! Make new friends but keep the old, one is silver and the other gold. This is a saying my Mom always told me when I was young. It applies to investing if something is working leave it alone, take your new money and test something new. I watch all the returns other funds are having and think should I switch to make more money. When I did it bombed and I lost the return the original fund offer. I even,I will admit, bailed out of this fund at the end of 1995 and chased a fund
that returned less than 5% and you know what this fund did. I got back in in Sept and learned my lesson. This is only one example, you have to bang an Irish head a few times to get a point across, I've learned. Now if I want to chase a new fund I put new dollars in it. I think the tech market has life for years but it will be bumpy, but its sure alot more fund
than CD's or owning Cascade this year. Archie
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